$2,808 Closing Credit*
$236,500
1,244 SqFt
3 Beds
•1 Full Bath
#225000230, Holly Blanchard- Hoar, Listing Office: REAL ESTATE SHOWCASE
Is Fredericktown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Fredericktown has remained a Seller's Market.
Key Takeaway
Fredericktown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fredericktown, OH
How much do homes in Fredericktown, OH cost?
Median Sold Price
$255,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,500(+9.7%)
Key Takeaway
Homes in Fredericktown have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Fredericktown was $255,000 in December 2024, up 9.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145.2K | $235K | +61.8% |
| 2 Bedrooms | $90K | $220K | +144.4% |
| 3 Bedrooms | $230K | $267.5K | +16.3% |
| 4 Bedrooms | $254.9K | $300K | +17.7% |
| 5+ Bedrooms | $432.5K | $445K | +2.9% |
Summary: Fredericktown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.8%, 2 bedroom homes increased by 144.4%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in Fredericktown, OH
How many homes are available in Fredericktown, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 22 | 14 | -36.4% |
Summary: The Fredericktown real estate market had 14 homes for sale in December 2024, a 36.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 15 | 10 | -33.3% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fredericktown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fredericktown, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Fredericktown in December 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Fredericktown, OH
How long does it take to sell a home in Fredericktown, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 39 Days | 45 Days | +15.2% |
Summary: Homes in Fredericktown had an average of 45 days on market in Dec 2024, up by 15.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Fredericktown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Fredericktown; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.