Is Fredericktown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fredericktown has remained a Seller's Market.
Housing Prices in Fredericktown, OH
How much do homes in Fredericktown, OH cost?
Median Sold Price
$240,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fredericktown was $240,000 in May 2024, up 14.3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145.2K | - | N/A |
2 Bedrooms | $139K | $172.5K | +24.1% |
3 Bedrooms | $203.7K | $240K | +17.8% |
4 Bedrooms | $231K | $237.4K | +2.8% |
5+ Bedrooms | $420K | $440K | +4.8% |
Summary: Fredericktown housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
Morris Township | $270K | $329.9K | +22.2% |
Fredericktown | $210K | $240K | +14.3% |
Housing Supply in Fredericktown, OH
How many homes are available in Fredericktown, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 18 | 0.0% |
Summary: The Fredericktown real estate market had 18 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fredericktown housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Fredericktown in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 19 Days | -18.0% |
Summary: Homes in Fredericktown had an average of 19 days on market in May 2024, down by 18% 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
Summary: During May 2024, 9 homes were sold in Fredericktown; 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.