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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Belmont County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Belmont County was a Seller's Market.

Key Takeaway

Belmont County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Belmont County, OH

How much do homes in Belmont County, OH cost?

Median Sold Price

$155,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,700(+7.4%)

Key Takeaway

Homes in Belmont County have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Belmont County was $155,000 in November 2024, up 7.4% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $64.9K$95K
+46.4%
2 $89.9K$105K
+16.8%
3 $152K$169.4K
+11.5%
4 $225K$202.5K
-10.0%
5+ $320.4K$162.4K
-49.3%

Summary: Belmont County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.4%, 2 bedroom homes increased by 16.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 49.3%.

Median Sold Price Compared To Nearby Counties

Harrison County
+24.0%
Jefferson County
+10.1%
Belmont County
+7.4%

Housing Supply in Belmont County, OH

How many homes are available in Belmont County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
239246+2.9%

Summary: The Belmont County real estate market had 246 homes for sale in November 2024, a 2.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 3942
+7.7%
3 147149
+1.4%
4 3838
0.0%
5+ 1416
+14.3%

Summary: The Belmont County 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 7.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3833-13.2%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Belmont County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Belmont County in November 2024, down by 13.2% month-over-month. Of the 33 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.

Days on Market for Belmont County, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days70 Days+2.8%

Summary: Homes in Belmont County had an average of 70 days on market in Nov 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 33 homes were sold in Belmont County; 18% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 33% 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 20 Days Ago

Newest Listings in Belmont County, OH

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