$2,613 Closing Credit*
$220,000
2,064 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kathy A Ludt, Listing Office: Century 21 Lakeside Realty
Is East Palestine, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$129,750
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,750(+3.8%)
Key Takeaway
Homes in East Palestine have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in East Palestine was $129,750 in November 2024, up 3.8% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $92.5K | $99.5K | +7.6% |
| 3 Bedrooms | $120K | $133K | +10.8% |
| 4 Bedrooms | $143.5K | $173.5K | +20.9% |
| 5+ Bedrooms | $145.5K | $351K | +141.2% |
Summary: East Palestine housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 141.2%.
Median Sold Price Compared To Nearby Cities
| Unity Township | $130K | $155K | +19.2% |
| East Palestine | $125K | $129.7K | +3.8% |
Housing Supply in East Palestine, OH
How many homes are available in East Palestine, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 30 | -6.3% |
Summary: The East Palestine real estate market had 30 homes for sale in November 2024, a 6.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The East Palestine 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 decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Palestine, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in East Palestine in November 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 31 Days | -30.9% |
Summary: Homes in East Palestine had an average of 31 days on market in Nov 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Palestine are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in East Palestine; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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