$1,661 Closing Credit*
$139,900
2 Beds
•1 Full Bath
Carley Mosholder, Listing Office: Leonard and Newland Real Estate Services
Is Dresden, 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, Dresden has remained a Seller's Market.
Key Takeaway
Dresden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dresden, OH
How much do homes in Dresden, OH cost?
Median Sold Price
$222,500
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,250(+22.1%)
Key Takeaway
Homes in Dresden have sold for 22.1% more than they did a year ago.
Summary: The median home sold price in Dresden was $222,500 in October 2024, up 22.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $100K | N/A |
| 2 Bedrooms | $149K | $170K | +14.1% |
| 3 Bedrooms | $207K | $225K | +8.7% |
| 4 Bedrooms | $349.9K | $350K | 0.0% |
| 5+ Bedrooms | $305K | $270K | -11.5% |
Summary: Dresden 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 14.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Dresden | $182.2K | $222.5K | +22.1% |
| Madison Township | $197K | $205K | +4.1% |
| Jefferson Township | $184.1K | $185K | 0.4% |
Housing Supply in Dresden, OH
How many homes are available in Dresden, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Summary: The Dresden real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Dresden 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 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dresden, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Dresden in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Dresden, OH
How long does it take to sell a home in Dresden, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 64 Days | +88.3% |
Summary: Homes in Dresden had an average of 64 days on market in Oct 2024, up by 88.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Dresden are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Dresden; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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