$2,611 Closing Credit*
$219,900
1,858 SqFt
3 Beds
•2 Full Baths
Leda A Lambdin, Listing Office: RE/MAX Trends Realty
Is Ellet, 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, Ellet was a Seller's Market.
Key Takeaway
Ellet is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ellet, OH
How much do homes in Ellet, OH cost?
Median Sold Price
$170,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+13.3%)
Key Takeaway
Homes in Ellet have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Ellet was $170,000 in November 2024, up 13.3% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59K | $84.5K | +43.2% |
| 2 Bedrooms | $115K | $119K | +3.5% |
| 3 Bedrooms | $159K | $170.8K | +7.5% |
| 4 Bedrooms | $175.5K | $205K | +16.8% |
| 5+ Bedrooms | $170K | $220K | +29.4% |
Summary: Ellet housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.2%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 29.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Goodyear Heights | $110.4K | $127.2K | +15.1% |
| Ellet | $150K | $170K | +13.3% |
| East Akron | $68.5K | $76K | +10.9% |
Housing Supply in Ellet, OH
How many homes are available in Ellet, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 72 | 70 | -2.8% |
Summary: The Ellet real estate market had 70 homes for sale in November 2024, a 2.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 17 | 16 | -5.9% |
| 3 Bedrooms | 43 | 45 | +4.7% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ellet housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 9 | -69.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellet, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Ellet in November 2024, down by 69.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Ellet, OH
How long does it take to sell a home in Ellet, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 26 Days | -11.4% |
Summary: Homes in Ellet had an average of 26 days on market in Nov 2024, down by 11.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ellet are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Ellet; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.