Is Champaign County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Champaign County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Champaign County, OH

How much do homes in Champaign County, OH cost?

Median Sold Price

$214,500

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,283(-2.4%)

Key Takeaway

Homes in Champaign County have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Champaign County was $214,500 in October 2024, down 2.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $113.4K$128K
+12.9%
2 $164K$167K
+1.8%
3 $230K$210K
-8.7%
4 $266K$280K
+5.3%
5+ $374.9K$413.5K
+10.3%

Summary: Champaign County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 1.8%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Counties

Clark County
+8.5%
Logan County
+1.3%
Champaign County
-2.4%
Shelby County
-9.5%

Housing Supply in Champaign County, OH

How many homes are available in Champaign County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5652-7.1%

Summary: The Champaign County real estate market had 52 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 2725
-7.4%
4 1315
+15.4%
5+ 31
-66.7%

Summary: The Champaign County 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 decreased by 15.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1614-12.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Champaign County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Champaign County in October 2024, down by 12.5% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Champaign County, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days113 Days+355.9%

Summary: Homes in Champaign County had an average of 113 days on market in Oct 2024, up by 355.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Champaign County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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 Champaign County, OH

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