$653 Closing Credit*
$55,000
1,158 SqFt
2 Beds
•1 Full Bath
Listing Office: Coldwell Banker Sigg Realty
Is Defiance, 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, Defiance has remained a Seller's Market.
Key Takeaway
Defiance is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Defiance, OH
How much do homes in Defiance, OH cost?
Median Sold Price
$168,416
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$8,416(+5.3%)
Key Takeaway
Homes in Defiance have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Defiance was $168,416 in December 2024, up 5.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $130.5K | -56.5% |
| 2 Bedrooms | $97.2K | $109.5K | +12.6% |
| 3 Bedrooms | $158K | $177K | +12.0% |
| 4 Bedrooms | $230K | $214.9K | -6.5% |
| 5+ Bedrooms | $280K | $269K | -3.9% |
Summary: Defiance housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes increased by 12.6%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 3.9%.
Median Sold Price Compared To Nearby Cities
| Noble Township | $170.5K | $219K | +28.4% |
| Defiance | $160K | $168.4K | +5.3% |
| Defiance Township | $160K | $168.4K | +5.3% |
| Richland Township | $201.2K | $185K | -8.1% |
Housing Supply in Defiance, OH
How many homes are available in Defiance, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 67 | 69 | +3.0% |
Summary: The Defiance real estate market had 69 homes for sale in December 2024, a 3.0% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 37 | 41 | +10.8% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Defiance housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 15 | 20 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Defiance, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Defiance in December 2024, up by 33.3% month-over-month. Of the 19 sold homes, 68% were sold under asking, 5% were sold at asking, and 26% were sold over asking.
Days on Market for Defiance, OH
How long does it take to sell a home in Defiance, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 85 Days | 64 Days | -24.1% |
Summary: Homes in Defiance had an average of 64 days on market in Dec 2024, down by 24.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Defiance has remained consistent over time.
Summary: During December 2024, 20 homes were sold in Defiance; 10% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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