$1,087 Closing Credit*
$91,500
1,092 SqFt
4 Beds
•1 Full Bath
Brenda S Palmer, Listing Office: Hardcastle Realty, LLC
Is East Palestine, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, East Palestine was a Seller's Market.
Key Takeaway
East Palestine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Palestine, OH
How much do homes in East Palestine, OH cost?
Median Sold Price
$131,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,765(+6.3%)
Key Takeaway
Homes in East Palestine have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in East Palestine was $131,000 in October 2024, up 6.3% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $90K | $102K | +13.3% |
| 3 Bedrooms | $115K | $133.4K | +16.0% |
| 4 Bedrooms | $144.5K | $172K | +19.0% |
| 5+ Bedrooms | $145.5K | $351K | +141.2% |
Summary: East Palestine 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 13.3%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 141.2%.
Median Sold Price Compared To Nearby Cities
| Unity Township | $129.9K | $160K | +23.2% |
| East Palestine | $123.2K | $131K | +6.3% |
Housing Supply in East Palestine, OH
How many homes are available in East Palestine, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 33 | +37.5% |
Summary: The East Palestine real estate market had 33 homes for sale in October 2024, a 37.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 13 | 20 | +53.8% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Palestine housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 53.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Palestine, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in East Palestine in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for East Palestine, OH
How long does it take to sell a home in East Palestine, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 60 Days | 37 Days | -37.9% |
Summary: Homes in East Palestine had an average of 37 days on market in Oct 2024, down by 37.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Palestine has remained consistent over time.
Summary: During October 2024, 3 homes were sold in East Palestine; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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