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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loudonville is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Loudonville, OH

How much do homes in Loudonville, OH cost?

Median Sold Price

$177,500

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,500(-10.8%)

Key Takeaway

Homes in Loudonville have sold for 10.8% less than they did a year ago.

Summary: The median home sold price in Loudonville was $177,500 in November 2024, down 10.8% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$50K
N/A
2 $122K$160K
+31.1%
3 $195K$171K
-12.3%
4 $363.4K$352K
-3.2%
5+ -$295K
N/A

Summary: Loudonville 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 increased by 31.1%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Township
+6.3%
Loudonville
-10.8%

Housing Supply in Loudonville, OH

How many homes are available in Loudonville, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
660.0%

Summary: The Loudonville real estate market had 6 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 34
+33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Loudonville 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loudonville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Loudonville in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Loudonville, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
18 Days4 Days-75.0%

Summary: Homes in Loudonville had an average of 4 days on market in Nov 2024, down by 75% 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 Loudonville are selling fast, if you're buying plan to act quickly.

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

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