$2,197 Closing Credit*
$185,000
1,208 SqFt
3 Beds
•1 Full Bath
Jose Medina, Listing Office: Keller Williams Legacy Group Realty
Is Lodi, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lodi was a Neutral Market.
Key Takeaway
Lodi is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lodi, OH
How much do homes in Lodi, OH cost?
Median Sold Price
$224,000
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$66,000(-22.8%)
Key Takeaway
Homes in Lodi have sold for 22.8% less than they did a month ago.
Summary: The median home sold price in Lodi was $224,000 in October 2024, down 22.8% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $135K | -62.0% |
| 3 Bedrooms | $142K | $242.5K | +70.8% |
| 4 Bedrooms | $290K | $292.5K | +0.9% |
| 5+ Bedrooms | - | $124K | N/A |
Summary: Lodi housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 62%, 3 bedroom homes increased by 70.8%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Harrisville Township | $355K | $335K | -5.6% |
| Lodi | $290K | $224K | -22.8% |
Housing Supply in Lodi, OH
How many homes are available in Lodi, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Lodi real estate market had 21 homes for sale in October 2024, a 16.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lodi 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 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 11 | +266.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lodi, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Lodi in October 2024, up by 266.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and 9% were sold over asking.
Days on Market for Lodi, OH
How long does it take to sell a home in Lodi, OH?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 41 Days | +130.8% |
Summary: Homes in Lodi had an average of 41 days on market in Oct 2024, up by 130.8% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lodi are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in Lodi; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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