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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bremen is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bremen, OH

How much do homes in Bremen, OH cost?

Median Sold Price

$239,900

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$30,100(-11.1%)

Key Takeaway

Homes in Bremen have sold for 11.1% less than they did a year ago.

Summary: The median home sold price in Bremen was $239,900 in October 2024, down 11.1% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $160K$205K
+28.1%
3 $250K$246.4K
-1.4%
4 $395K$275K
-30.4%
5+ $150K-
N/A

Summary: Bremen 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 increased by 28.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 30.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rush Creek Township
-5.4%
Bremen
-11.1%

Housing Supply in Bremen, OH

How many homes are available in Bremen, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Bremen real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Bremen 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

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 Bremen, 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 Bremen in October 2024, up by 100.0% 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 Bremen, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days75 Days+417.2%

Summary: Homes in Bremen had an average of 75 days on market in Oct 2024, up by 417.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Bremen; 0% of homes were sold within 30 days, 100% 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 18 Days Ago

Newest Listings in Bremen, OH

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