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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cudell is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Cudell, OH

How much do homes in Cudell, OH cost?

Median Sold Price

$135,000

$81/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+8.0%)

Key Takeaway

Homes in Cudell have sold for 8% more than they did a year ago.

Summary: The median home sold price in Cudell was $135,000 in November 2024, up 8% from last year, and the median price per square foot was $81.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $97.5K$98.5K
+1.0%
3 $93K$122.5K
+31.7%
4 $141.7K$155K
+9.3%
5+ $139K$198.5K
+42.8%

Summary: Cudell 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 1%, 3 bedroom homes increased by 31.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 42.8%.

Housing Supply in Cudell, OH

How many homes are available in Cudell, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3937-5.1%

Summary: The Cudell real estate market had 37 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1212
0.0%
4 910
+11.1%
5+ 119
-18.2%

Summary: The Cudell 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cudell, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in Cudell in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.

Days on Market for Cudell, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
59 Days37 Days-38.2%

Summary: Homes in Cudell had an average of 37 days on market in Nov 2024, down by 38.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Cudell; 57% of homes were sold within 30 days, 43% 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 3 Days Ago

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