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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dennison is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Dennison was a Neutral Market.

Key Takeaway

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

Housing Prices in Dennison, OH

How much do homes in Dennison, OH cost?

Median Sold Price

$140,250

$80/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,650(+10.8%)

Key Takeaway

Homes in Dennison have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Dennison was $140,250 in October 2024, up 10.8% from last year, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$68.2K
N/A
2 $90K$124.9K
+38.8%
3 $139.2K$153.4K
+10.2%
4 $229.9K$173.5K
-24.5%
5+ $112.5K-
N/A

Summary: Dennison 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 38.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 24.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mill Township
+14.5%
Dennison
+10.8%
Uhrichsville
+7.4%

Housing Supply in Dennison, OH

How many homes are available in Dennison, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1819+5.6%

Summary: The Dennison real estate market had 19 homes for sale in October 2024, a 5.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1211
-8.3%
4 23
+50.0%
5+ 01
+100.0%

Summary: The Dennison housing inventory by bedroom type for October 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 8.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Dennison in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% 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

Oct 2023Oct 2024CHANGE
98 Days45 Days-54.0%

Summary: Homes in Dennison had an average of 45 days on market in Oct 2024, down by 54% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dennison has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Dennison; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Dennison, OH

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