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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeVeaux is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, DeVeaux has remained a Seller's Market.

Key Takeaway

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

Housing Prices in DeVeaux, OH

How much do homes in DeVeaux, OH cost?

Median Sold Price

$139,900

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$17,733(+14.5%)

Key Takeaway

Homes in DeVeaux have sold for 14.5% more than they did a year ago.

Summary: The median home sold price in DeVeaux was $139,900 in October 2024, up 14.5% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $79K$70K
-11.4%
2 $77K$75.9K
-1.4%
3 $130.3K$149.9K
+15.0%
4 $161.5K$190K
+17.6%
5+ $145K$242K
+66.9%

Summary: DeVeaux housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 66.9%.

Median Sold Price Compared To Nearby Neighborhoods

Five Points
+23.5%
DeVeaux
+14.5%
Whitmer / Trilby
+3.2%
Ottawa
-3.2%

Housing Supply in DeVeaux, OH

How many homes are available in DeVeaux, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107106-0.9%

Summary: The DeVeaux real estate market had 106 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2932
+10.3%
3 7066
-5.7%
4 77
0.0%
5+ 11
0.0%

Summary: The DeVeaux 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 increased by 10.3%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2535+40.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeVeaux, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in DeVeaux in October 2024, up by 40.0% month-over-month. Of the 35 sold homes, 26% were sold under asking, 14% were sold at asking, and 60% were sold over asking.

Days on Market for DeVeaux, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days45 Days-5.4%

Summary: Homes in DeVeaux had an average of 45 days on market in Oct 2024, down by 5.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

29 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 DeVeaux has remained consistent over time.

Summary: During October 2024, 35 homes were sold in DeVeaux; 14% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 3% 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 18 Days Ago

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