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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kenton, OH

How much do homes in Kenton, OH cost?

Median Sold Price

$174,900

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+9.4%)

Key Takeaway

Homes in Kenton have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Kenton was $174,900 in October 2024, up 9.4% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $149.9K$129K
-14.0%
3 $183K$163.5K
-10.7%
4 $204.9K$236K
+15.2%
5+ $84K-
N/A

Summary: Kenton 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 decreased by 14%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes did not change.

Housing Supply in Kenton, OH

How many homes are available in Kenton, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
79+28.6%

Summary: The Kenton real estate market had 9 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Kenton 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 increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
03+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kenton in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kenton, OH

How long does it take to sell a home in Kenton, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
91 Days64 Days-29.2%

Summary: Homes in Kenton had an average of 64 days on market in Oct 2024, down by 29.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Kenton; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 14 Days Ago

Newest Listings in Kenton, OH

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