Is Fredericktown, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fredericktown is a seller's market

Buyer's
Market

Difference Since November 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

$237,950

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,450(+3.2%)

Key Takeaway

Homes in Fredericktown have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Fredericktown was $237,950 in November 2024, up 3.2% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $145.2K-
N/A
2 $70K$182.5K
+160.7%
3 $230K$270K
+17.4%
4 $250K$200K
-20.0%
5+ $440K$435K
-1.1%

Summary: Fredericktown 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 increased by 160.7%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 1.1%.

Housing Supply in Fredericktown, OH

How many homes are available in Fredericktown, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
220.0%

Summary: The Fredericktown real estate market had 2 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Fredericktown 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fredericktown, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Fredericktown in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
25 Days10 Days-60.5%

Summary: Homes in Fredericktown had an average of 10 days on market in Nov 2024, down by 60.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fredericktown are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Fredericktown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Fredericktown, OH

Nearby Markets to Fredericktown, OH