Is Bowling Green, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bowling Green is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bowling Green has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bowling Green, OH

How much do homes in Bowling Green, OH cost?

Median Sold Price

$266,100

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,100(+4.4%)

Key Takeaway

Homes in Bowling Green have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Bowling Green was $266,100 in October 2024, up 4.4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $94.5K$121.2K
+28.3%
2 $185K$213.2K
+15.3%
3 $239.9K$250.2K
+4.3%
4 $307.5K$330K
+7.3%
5+ $360K$397.9K
+10.6%

Summary: Bowling Green housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.3%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 10.6%.

Housing Supply in Bowling Green, OH

How many homes are available in Bowling Green, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5458+7.4%

Summary: The Bowling Green real estate market had 58 homes for sale in October 2024, a 7.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 38
+166.7%
3 2625
-3.8%
4 2119
-9.5%
5+ 35
+66.7%

Summary: The Bowling Green 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 166.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1912-36.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bowling Green, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Bowling Green in October 2024, down by 36.8% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.

Days on Market for Bowling Green, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days32 Days-29.6%

Summary: Homes in Bowling Green had an average of 32 days on market in Oct 2024, down by 29.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bowling Green are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Bowling Green; 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.

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

Report Updated 17 Days Ago

Newest Listings in Bowling Green, OH

Nearby Markets to Bowling Green, OH