$72,000
5.10 Acres
Land
Dave Angus, Listing Office: Carol Goff & Associates
Is Lore City, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lore City was a Seller's Market.
Key Takeaway
Lore City is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lore City, OH
How much do homes in Lore City, OH cost?
Median Sold Price
$157,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,250(-0.8%)
Key Takeaway
Homes in Lore City have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Lore City was $157,000 in October 2024, down 0.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | $125K | +92.3% |
| 3 Bedrooms | $166K | $157K | -5.4% |
| 4 Bedrooms | - | $182.5K | N/A |
| 5+ Bedrooms | $28.9K | - | N/A |
Summary: Lore City 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 increased by 92.3%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Richland Township | $183.5K | $275K | +49.9% |
| Lore City | $158.2K | $157K | -0.8% |
Housing Supply in Lore City, OH
How many homes are available in Lore City, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Lore City real estate market had 7 homes for sale in October 2024, a 40.0% 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 | 1 | 3 | +200.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lore City 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lore City, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Lore City in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lore City, OH
How long does it take to sell a home in Lore City, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 139 Days | 62 Days | -55.4% |
Summary: Homes in Lore City had an average of 62 days on market in Oct 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lore City has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Lore City; 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.
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