Is Big Prairie, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Big Prairie is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Big Prairie has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Big Prairie, OH

How much do homes in Big Prairie, OH cost?

Median Sold Price

$185,000

$162/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$201,400(-52.1%)

Key Takeaway

Homes in Big Prairie have sold for 52.1% less than they did a month ago.

Summary: The median home sold price in Big Prairie was $185,000 in November 2024, down 52.1% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $386.4K$185K
-52.1%
4 --
N/A
5+ --
N/A

Summary: Big Prairie housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 52.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Big Prairie, OH

How many homes are available in Big Prairie, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220.0%

Summary: The Big Prairie real estate market had 2 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Big Prairie 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Big Prairie, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Big Prairie in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Big Prairie, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days125 Days+1685.7%

Summary: Homes in Big Prairie had an average of 125 days on market in Nov 2024, up by 1685.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Big Prairie are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Big Prairie; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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