$55,000
10.87 Acres
Land
Kaitlin Bonifay, Listing Office: Fell Realty LLC
Is Cadiz, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Cadiz has remained a Seller's Market.
Key Takeaway
Cadiz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cadiz, OH
How much do homes in Cadiz, OH cost?
Median Sold Price
$155,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$60,500(+64.0%)
Key Takeaway
Homes in Cadiz have sold for 64% more than they did a year ago.
Summary: The median home sold price in Cadiz was $155,000 in December 2024, up 64% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $134.9K | N/A |
| 2 Bedrooms | $115K | $77K | -33.0% |
| 3 Bedrooms | $91K | $160K | +75.8% |
| 4 Bedrooms | $146.5K | $198.5K | +35.5% |
| 5+ Bedrooms | $145K | - | N/A |
Summary: Cadiz housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33%, 3 bedroom homes increased by 75.8%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cadiz | $94.5K | $155K | +64.0% |
| Cadiz Township | $94.5K | $155K | +64.0% |
Housing Supply in Cadiz, OH
How many homes are available in Cadiz, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 17 | -10.5% |
Summary: The Cadiz real estate market had 17 homes for sale in December 2024, a 10.5% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cadiz housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cadiz, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Cadiz in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Cadiz, OH
How long does it take to sell a home in Cadiz, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 81 Days | 35 Days | -55.9% |
Summary: Homes in Cadiz had an average of 35 days on market in Dec 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cadiz has remained consistent over time.
Summary: During December 2024, 4 homes were sold in Cadiz; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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