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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cadiz is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cadiz was a Seller's Market.

Key Takeaway

Cadiz is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cadiz, OH

How much do homes in Cadiz, OH cost?

Median Sold Price

$148,750

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,750(+61.7%)

Key Takeaway

Homes in Cadiz have sold for 61.7% more than they did a year ago.

Summary: The median home sold price in Cadiz was $148,750 in November 2024, up 61.7% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$134.9K
N/A
2 $84.3K$114K
+35.2%
3 $91K$159.9K
+75.7%
4 $175K$198K
+13.1%
5+ $145K-
N/A

Summary: Cadiz housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.2%, 3 bedroom homes increased by 75.7%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cadiz
+61.7%
Cadiz Township
+61.7%

Housing Supply in Cadiz, OH

How many homes are available in Cadiz, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Cadiz real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 910
+11.1%
4 56
+20.0%
5+ 11
0.0%

Summary: The Cadiz housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

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 Cadiz, 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 Cadiz in November 2024, up by 50.0% 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 Cadiz, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days126 Days+223.9%

Summary: Homes in Cadiz had an average of 126 days on market in Nov 2024, up by 223.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cadiz are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Cadiz; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 2 Days Ago

Newest Listings in Cadiz, OH

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