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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Five Oaks was a Seller's Market.

Key Takeaway

Five Oaks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Five Oaks, OH

How much do homes in Five Oaks, OH cost?

Median Sold Price

$143,850

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$51,850(+56.4%)

Key Takeaway

Homes in Five Oaks have sold for 56.4% more than they did a year ago.

Summary: The median home sold price in Five Oaks was $143,850 in October 2024, up 56.4% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $85K$113K
+32.9%
4 $120K$160K
+33.3%
5+ $80K$157.4K
+96.8%

Summary: Five Oaks 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 did not change, 3 bedroom homes increased by 32.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 96.8%.

Median Sold Price Compared To Nearby Neighborhoods

Five Oaks
+56.4%
Riverdale
+40.8%
Santa Clara
+21.7%

Housing Supply in Five Oaks, OH

How many homes are available in Five Oaks, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2023+15.0%

Summary: The Five Oaks real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 812
+50.0%
4 44
0.0%
5+ 87
-12.5%

Summary: The Five Oaks housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were 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 could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Five Oaks in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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 20 Days Ago

Newest Listings in Five Oaks, OH

Nearby Markets to Five Oaks, OH