Is Ashland, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashland is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Ashland has remained a Seller's Market.

Key Takeaway

Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ashland, OH

How much do homes in Ashland, OH cost?

Median Sold Price

$188,250

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,300(+8.8%)

Key Takeaway

Homes in Ashland have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Ashland was $188,250 in November 2024, up 8.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$196.5K
N/A
2 $134K$153.7K
+14.7%
3 $180K$205K
+13.9%
4 $255K$187.5K
-26.5%
5+ $171.5K$274.2K
+59.9%

Summary: Ashland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 26.5%, and 5+ bedroom homes increased by 59.9%.

Housing Supply in Ashland, OH

How many homes are available in Ashland, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5244-15.4%

Summary: The Ashland real estate market had 44 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 3027
-10.0%
4 1310
-23.1%
5+ 00
0.0%

Summary: The Ashland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1710-41.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashland, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Ashland in November 2024, down by 41.2% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Ashland, OH

How long does it take to sell a home in Ashland, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days37 Days+66.3%

Summary: Homes in Ashland had an average of 37 days on market in Nov 2024, up by 66.3% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ashland are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Ashland; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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