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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blanchester is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Blanchester, OH

How much do homes in Blanchester, OH cost?

Median Sold Price

$253,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-1.9%)

Key Takeaway

Homes in Blanchester have sold for 1.9% less than they did a year ago.

Summary: The median home sold price in Blanchester was $253,000 in October 2024, down 1.9% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $256.2K-
N/A
3 $248.5K$244K
-1.8%
4 $412.5K$280K
-32.1%
5+ $264.9K$454.9K
+71.7%

Summary: Blanchester 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 did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 32.1%, and 5+ bedroom homes increased by 71.7%.

Median Sold Price Compared To Nearby Cities

Marion Township
+10.6%
Blanchester
-1.9%

Housing Supply in Blanchester, OH

How many homes are available in Blanchester, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The Blanchester real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 55
0.0%
4 44
0.0%
5+ 01
+100.0%

Summary: The Blanchester 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blanchester, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Blanchester in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Blanchester, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Blanchester, OH

Nearby Markets to Blanchester, OH

What housing markets are near Blanchester, OH?