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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dennison is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dennison was a Seller's Market.

Key Takeaway

Dennison is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dennison, OH

How much do homes in Dennison, OH cost?

Median Sold Price

$142,625

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,125(+9.3%)

Key Takeaway

Homes in Dennison have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Dennison was $142,625 in November 2024, up 9.3% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $72.5K$64K
-11.7%
2 $85K$126.2K
+48.5%
3 $139.2K$147K
+5.6%
4 $320K$173.5K
-45.8%
5+ $112.5K-
N/A

Summary: Dennison housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 48.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 45.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mill Township
+17.3%
Uhrichsville
+11.6%
Dennison
+9.3%

Housing Supply in Dennison, OH

How many homes are available in Dennison, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1813-27.8%

Summary: The Dennison real estate market had 13 homes for sale in November 2024, a 27.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 107
-30.0%
4 31
-66.7%
5+ 11
0.0%

Summary: The Dennison 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 remained the same, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dennison, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Dennison in November 2024, down by 85.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Dennison, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
74 Days203 Days+173.4%

Summary: Homes in Dennison had an average of 203 days on market in Nov 2024, up by 173.4% 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 Dennison are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in Dennison; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 Dennison, OH

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