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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Defiance County is a seller's market

Buyer's
Market

Difference Since November 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 November 2023

+$7,480(+4.7%)

Key Takeaway

Homes in Defiance County have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Defiance County was $165,000 in November 2024, up 4.7% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $300K$130.5K
-56.5%
2 $115K$113.5K
-1.3%
3 $155.5K$166K
+6.7%
4 $199.9K$220K
+10.0%
5+ $230.4K$296.5K
+28.7%

Summary: Defiance County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.5%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 28.7%.

Median Sold Price Compared To Nearby Counties

Paulding County
+22.1%
Henry County
+7.2%
Williams County
+4.8%
Defiance County
+4.7%

Housing Supply in Defiance County, OH

How many homes are available in Defiance County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
104102-1.9%

Summary: The Defiance County real estate market had 102 homes for sale in November 2024, a 1.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1314
+7.7%
3 5756
-1.8%
4 2927
-6.9%
5+ 45
+25.0%

Summary: The Defiance County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3319-42.4%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Defiance County, you may be able to get a good deal. 36.8% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Defiance County in November 2024, down by 42.4% month-over-month. Of the 19 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% 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

Nov 2023Nov 2024CHANGE
60 Days54 Days-9.5%

Summary: Homes in Defiance County had an average of 54 days on market in Nov 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Defiance County has remained consistent over time.

Summary: During November 2024, 19 homes were sold in Defiance County; 0% of homes were sold within 30 days, 89% of homes were sold within 30 to 90 days, and 11% 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 29 Days Ago

Newest Listings in Defiance County, OH

Nearby Markets to Defiance County, OH

What housing markets are near Defiance County, OH?