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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Batavia is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Batavia, OH

How much do homes in Batavia, OH cost?

Median Sold Price

$303,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,250(+19.4%)

Key Takeaway

Homes in Batavia have sold for 19.4% more than they did a year ago.

Summary: The median home sold price in Batavia was $303,000 in October 2024, up 19.4% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$63K
N/A
2 $225K$203.5K
-9.6%
3 $250K$330K
+32.0%
4 $339K$397.5K
+17.3%
5+ $500K$415K
-17.0%

Summary: Batavia 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 9.6%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 17%.

Median Sold Price Compared To Nearby Cities

Batavia Township
+23.2%
Batavia
+19.4%

Housing Supply in Batavia, OH

How many homes are available in Batavia, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1216+33.3%

Summary: The Batavia real estate market had 16 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 55
0.0%
3 25
+150.0%
4 34
+33.3%
5+ 22
0.0%

Summary: The Batavia 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 increased by 150%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Batavia, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Batavia in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Batavia, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days9 Days-65.4%

Summary: Homes in Batavia had an average of 9 days on market in Oct 2024, down by 65.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Batavia; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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