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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomingdale is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bloomingdale was a Neutral Market.

Key Takeaway

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

Housing Prices in Bloomingdale, OH

How much do homes in Bloomingdale, OH cost?

Median Sold Price

$220,000

$108/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+10.0%)

Key Takeaway

Homes in Bloomingdale have sold for 10% more than they did a year ago.

Summary: The median home sold price in Bloomingdale was $220,000 in October 2024, up 10% from last year, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $116.7K$74.5K
-36.2%
3 $215K$191K
-11.2%
4 $195K$250K
+28.2%
5+ $345K$211K
-38.8%

Summary: Bloomingdale 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 36.2%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes decreased by 38.8%.

Median Sold Price Compared To Nearby Cities

Bloomingdale
+10.0%
Wayne Township
+6.5%

Housing Supply in Bloomingdale, OH

How many homes are available in Bloomingdale, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1210-16.7%

Summary: The Bloomingdale real estate market had 10 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 65
-16.7%
4 11
0.0%
5+ 22
0.0%

Summary: The Bloomingdale 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomingdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bloomingdale in October 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bloomingdale, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
94 Days80 Days-14.2%

Summary: Homes in Bloomingdale had an average of 80 days on market in Oct 2024, down by 14.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bloomingdale has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Bloomingdale; 0% of homes were sold within 30 days, 67% 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 Bloomingdale, OH

Nearby Markets to Bloomingdale, OH