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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brilliant is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Brilliant, OH

How much do homes in Brilliant, OH cost?

Median Sold Price

$93,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$27,000(-22.5%)

Key Takeaway

Homes in Brilliant have sold for 22.5% less than they did a year ago.

Summary: The median home sold price in Brilliant was $93,000 in October 2024, down 22.5% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $62K-
N/A
2 $102.5K$105K
+2.3%
3 $120K$35K
-70.8%
4 $127.5K$22K
-82.7%
5+ --
N/A

Summary: Brilliant 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 2.3%, 3 bedroom homes decreased by 70.8%, 4 bedroom homes decreased by 82.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wellsburg
+19.3%
Steubenville Township
+6.7%
Brilliant
-22.5%
Wells Township
-30.3%

Housing Supply in Brilliant, OH

How many homes are available in Brilliant, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Brilliant real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Brilliant 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
03+100.0%

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 Brilliant, 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 Brilliant in October 2024, up by 100.0% month-over-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 Brilliant, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days109 Days+142.2%

Summary: Homes in Brilliant had an average of 109 days on market in Oct 2024, up by 142.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Brilliant; 33% of homes were sold within 30 days, 33% 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 Brilliant, OH

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