$30,000
1.00 Acres
Land
Listing Office: Sam Switzer Realty LLC
Is Defiance County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Defiance County has remained a Seller's Market.
Key Takeaway
Defiance County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Defiance County, OH
How much do homes in Defiance County, OH cost?
Median Sold Price
$165,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+10.0%)
Key Takeaway
Homes in Defiance County have sold for 10% more than they did a year ago.
Summary: The median home sold price in Defiance County was $165,000 in October 2024, up 10% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $195K | N/A |
| 2 Bedrooms | $100K | $121.1K | +21.1% |
| 3 Bedrooms | $149.9K | $170K | +13.4% |
| 4 Bedrooms | $196.5K | $225K | +14.5% |
| 5+ Bedrooms | $220K | $332.4K | +51.1% |
Summary: Defiance County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 51.1%.
Median Sold Price Compared To Nearby Counties
| Paulding County | $127.2K | $150.5K | +18.3% |
| Defiance County | $150K | $165K | +10.0% |
| Henry County | $157.7K | $170.4K | +8.1% |
| Williams County | $147.7K | $155K | +4.9% |
Housing Supply in Defiance County, OH
How many homes are available in Defiance County, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 111 | +2.8% |
Summary: The Defiance County real estate market had 111 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 53 | 61 | +15.1% |
| 4 Bedrooms | 32 | 31 | -3.1% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Defiance County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 29 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Defiance County, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Defiance County in October 2024, the same as the previous month. Of the 29 sold homes, 45% were sold under asking, 14% were sold at asking, and 41% were sold over asking.
Days on Market for Defiance County, OH
How long does it take to sell a home in Defiance County, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 57 Days | -22.6% |
Summary: Homes in Defiance County had an average of 57 days on market in Oct 2024, down by 22.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Defiance County has remained consistent over time.
Summary: During October 2024, 29 homes were sold in Defiance County; 10% of homes were sold within 30 days, 72% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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