$7,005 Closing Credit*
$589,900
2,450 SqFt
4 Beds
•2 Full Baths, 1 Partial
Kyle M Recker, Listing Office: Howard Hanna - Port Clinton
Is Avon, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Avon has remained a Seller's Market.
Key Takeaway
Avon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Avon, OH
How much do homes in Avon, OH cost?
Median Sold Price
$457,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,450(+14.1%)
Key Takeaway
Homes in Avon have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Avon was $457,000 in November 2024, up 14.1% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $285K | +23.9% |
| 3 Bedrooms | $349.7K | $381.2K | +9.0% |
| 4 Bedrooms | $481.2K | $532.5K | +10.6% |
| 5+ Bedrooms | $628K | $715K | +13.9% |
Summary: Avon 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 23.9%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Avon | $400.5K | $457K | +14.1% |
| Avon Lake | $348.4K | $390.6K | +12.1% |
| Bay Village | $365K | $381.1K | +4.4% |
| Sheffield | $345K | $357.5K | +3.6% |
| Westlake | $367K | $377.6K | +2.9% |
Housing Supply in Avon, OH
How many homes are available in Avon, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 60 | -15.5% |
Summary: The Avon real estate market had 60 homes for sale in November 2024, a 15.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 33 | 24 | -27.3% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Avon 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 increased by 16.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Avon, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Avon in November 2024, down by 13.0% month-over-month. Of the 20 sold homes, 45% were sold under asking, 20% were sold at asking, and 35% were sold over asking.
Days on Market for Avon, OH
How long does it take to sell a home in Avon, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 28 Days | -41.7% |
Summary: Homes in Avon had an average of 28 days on market in Nov 2024, down by 41.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Avon are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Avon; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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