Is Five Oaks, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Five Oaks is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Five Oaks has remained a Seller's Market.

Key Takeaway

Five Oaks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Five Oaks, OH

How much do homes in Five Oaks, OH cost?

Median Sold Price

$138,500

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,675(+21.7%)

Key Takeaway

Homes in Five Oaks have sold for 21.7% more than they did a year ago.

Summary: The median home sold price in Five Oaks was $138,500 in November 2024, up 21.7% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $110.2K$106K
-3.9%
4 $130K$137K
+5.4%
5+ $100K$153.4K
+53.5%

Summary: Five Oaks 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 did not change, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 53.5%.

Housing Supply in Five Oaks, OH

How many homes are available in Five Oaks, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2123+9.5%

Summary: The Five Oaks real estate market had 23 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 119
-18.2%
4 45
+25.0%
5+ 69
+50.0%

Summary: The Five Oaks 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Five Oaks, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Five Oaks in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Five Oaks, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Five Oaks, OH

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