Is Ashtabula County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashtabula County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Ashtabula County, OH

How much do homes in Ashtabula County, OH cost?

Median Sold Price

$174,777

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,206(+13.1%)

Key Takeaway

Homes in Ashtabula County have sold for 13.1% more than they did a year ago.

Summary: The median home sold price in Ashtabula County was $174,777 in November 2024, up 13.1% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $71K$112.5K
+58.5%
2 $120.1K$128.5K
+7.0%
3 $159.5K$174.7K
+9.5%
4 $180K$226.5K
+25.8%
5+ $182.5K$215K
+17.8%

Summary: Ashtabula County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 17.8%.

Median Sold Price Compared To Nearby Counties

Ashtabula County
+13.1%
Geauga County
+9.2%
Lake County
+8.9%

Housing Supply in Ashtabula County, OH

How many homes are available in Ashtabula County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
394382-3.0%

Summary: The Ashtabula County real estate market had 382 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 46
+50.0%
2 6565
0.0%
3 220198
-10.0%
4 7876
-2.6%
5+ 2737
+37.0%

Summary: The Ashtabula County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 37%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9570-26.3%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashtabula County, you may be able to get a good deal. 44.3% of homes here sold below asking price last month.

Summary: A total of 70 homes were sold or pending in Ashtabula County in November 2024, down by 26.3% month-over-month. Of the 70 sold homes, 44% were sold under asking, 24% were sold at asking, and 31% were sold over asking.

Days on Market for Ashtabula County, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days59 Days+32.3%

Summary: Homes in Ashtabula County had an average of 59 days on market in Nov 2024, up by 32.3% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ashtabula County has remained consistent over time.

Summary: During November 2024, 70 homes were sold in Ashtabula County; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% 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 21 Days Ago

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