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 Last Month

Since last month, 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

$213,000

$119/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$70,500(+49.5%)

Key Takeaway

Homes in Loudonville have sold for 49.5% more than they did a month ago.

Summary: The median home sold price in Loudonville was $213,000 in December 2024, up 49.5% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $142.5K$151K
+6.0%
4 -$275K
N/A
5+ --
N/A

Summary: Loudonville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Loudonville
+49.5%
Washington Township
-45.0%

Housing Supply in Loudonville, OH

How many homes are available in Loudonville, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
86-25.0%

Summary: The Loudonville real estate market had 6 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Loudonville housing inventory by bedroom type for December 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Loudonville in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 2024Dec 2024CHANGE
4 Days13 Days+200.0%

Summary: Homes in Loudonville had an average of 13 days on market in Dec 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was 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 December 2024, 4 homes were sold in Loudonville; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Loudonville, OH

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