$110,000
0.30 Acres
Land
Angela N Javorsky, Listing Office: CENTURY 21 Lakeside Realty
Is Berlin Center, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Berlin Center was a Buyer's Market.
Key Takeaway
Berlin Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin Center, OH
How much do homes in Berlin Center, OH cost?
Median Sold Price
$248,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$19,500(-7.3%)
Key Takeaway
Homes in Berlin Center have sold for 7.3% less than they did a year ago.
Summary: The median home sold price in Berlin Center was $248,000 in October 2024, down 7.3% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $575K | $123K | -78.6% |
| 3 Bedrooms | $234.2K | $272K | +16.1% |
| 4 Bedrooms | $444.9K | $270.7K | -39.2% |
| 5+ Bedrooms | $1.0M | $436.5K | -58.9% |
Summary: Berlin Center 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 78.6%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 39.2%, and 5+ bedroom homes decreased by 58.9%.
Median Sold Price Compared To Nearby Cities
| Lake Milton | $177.2K | $224K | +26.4% |
| Berlin Center | $267.5K | $248K | -7.3% |
Housing Supply in Berlin Center, OH
How many homes are available in Berlin Center, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Summary: The Berlin Center real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Berlin Center 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 decreased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin Center, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Berlin Center in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Berlin Center, OH
How long does it take to sell a home in Berlin Center, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 34 Days | -37.0% |
Summary: Homes in Berlin Center had an average of 34 days on market in Oct 2024, down by 37% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Berlin Center are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Berlin Center; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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