Is East Sparta, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Sparta is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, East Sparta was a Seller's Market.

Key Takeaway

East Sparta is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in East Sparta, OH

How much do homes in East Sparta, OH cost?

Median Sold Price

$185,000

$123/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in East Sparta has remained the same since last year.

Summary: The median home sold price in East Sparta was $185,000 in November 2024, the same as last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$45K
N/A
2 $72.9K$231.7K
+217.8%
3 $190.2K$205K
+7.8%
4 $155K$237.5K
+53.2%
5+ $455K-
N/A

Summary: East Sparta 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 217.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 53.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Magnolia
+30.1%
East Sparta
0.0%
Pike Township
-3.5%

Housing Supply in East Sparta, OH

How many homes are available in East Sparta, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
56+20.0%

Summary: The East Sparta real estate market had 6 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 45
+25.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The East Sparta 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Sparta, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in East Sparta in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Sparta, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days78 Days+13.3%

Summary: Homes in East Sparta had an average of 78 days on market in Nov 2024, up by 13.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Sparta has remained consistent over time.

Summary: During November 2024, 1 homes were sold in East Sparta; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in East Sparta, OH

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