$4,988 Closing Credit*
$420,000
2,351 SqFt
4 Beds
•2 Full Baths, 1 Partial
Listing Office: RE/MAX Masters
Is Archbold, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Archbold has remained a Seller's Market.
Key Takeaway
Archbold is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Archbold, OH
How much do homes in Archbold, OH cost?
Median Sold Price
$196,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+3.4%)
Key Takeaway
Homes in Archbold have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Archbold was $196,500 in October 2024, up 3.4% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $186K | $166K | -10.8% |
| 3 Bedrooms | $179K | $191.2K | +6.8% |
| 4 Bedrooms | $260K | $244.9K | -5.8% |
| 5+ Bedrooms | $365K | $306.2K | -16.1% |
Summary: Archbold housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 16.1%.
Median Sold Price Compared To Nearby Cities
| Archbold | $190K | $196.5K | +3.4% |
| German Township | $190K | $195K | +2.6% |
Housing Supply in Archbold, OH
How many homes are available in Archbold, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Archbold real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Archbold housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Archbold, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Archbold in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Archbold, OH
How long does it take to sell a home in Archbold, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 74 Days | +80.2% |
Summary: Homes in Archbold had an average of 74 days on market in Oct 2024, up by 80.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Archbold has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Archbold; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.