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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaGrange is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, LaGrange was a Seller's Market.

Key Takeaway

LaGrange is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in LaGrange, OH

How much do homes in LaGrange, OH cost?

Median Sold Price

$260,500

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,500(+2.2%)

Key Takeaway

Homes in LaGrange have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in LaGrange was $260,500 in November 2024, up 2.2% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $206K$157.5K
-23.5%
3 $260.2K$240K
-7.8%
4 $270K$422K
+56.3%
5+ $439.9K$542.7K
+23.4%

Summary: LaGrange 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 23.5%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 56.3%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Cities

LaGrange
+2.2%
LaGrange Township
0.5%

Housing Supply in LaGrange, OH

How many homes are available in LaGrange, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2627+3.8%

Summary: The LaGrange real estate market had 27 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1917
-10.5%
4 79
+28.6%
5+ 01
+100.0%

Summary: The LaGrange 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 decreased by 10.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was 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 LaGrange, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in LaGrange in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for LaGrange, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days14 Days-30.6%

Summary: Homes in LaGrange had an average of 14 days on market in Nov 2024, down by 30.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 LaGrange are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in LaGrange; 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 LaGrange, OH

Nearby Markets to LaGrange, OH