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 November 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

$173,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,950(-2.2%)

Key Takeaway

Homes in Kenton have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Kenton was $173,000 in November 2024, down 2.2% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $149.9K$129K
-14.0%
3 $187K$149.5K
-20.1%
4 $204.9K$223K
+8.8%
5+ $84K-
N/A

Summary: Kenton 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 decreased by 14%, 3 bedroom homes decreased by 20.1%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenton
-2.2%
Pleasant Township
-14.0%

Housing Supply in Kenton, OH

How many homes are available in Kenton, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
97-22.2%

Summary: The Kenton real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 32
-33.3%
4 55
0.0%
5+ 00
0.0%

Summary: The Kenton 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 decreased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Kenton in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
39 Days48 Days+23.1%

Summary: Homes in Kenton had an average of 48 days on market in Nov 2024, up by 23.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kenton has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Kenton; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Kenton, OH

Nearby Markets to Kenton, OH