$8,301 Closing Credit*
$699,000
3 Beds
•2 Full Baths, 1 Partial
Carolyn W Pytlik, Listing Office: Keller Williams Elevate
Is Marblehead, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Marblehead was a Seller's Market.
Key Takeaway
Marblehead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Marblehead, OH
How much do homes in Marblehead, OH cost?
Median Sold Price
$625,000
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$200,000(+47.1%)
Key Takeaway
Homes in Marblehead have sold for 47.1% more than they did a year ago.
Summary: The median home sold price in Marblehead was $625,000 in November 2024, up 47.1% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $386.5K | $253.3K | -34.4% |
| 3 Bedrooms | $404K | $485K | +20.0% |
| 4 Bedrooms | $500K | $653.7K | +30.8% |
| 5+ Bedrooms | $1.7M | $809.5K | -54.6% |
Summary: Marblehead 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 34.4%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 30.8%, and 5+ bedroom homes decreased by 54.6%.
Median Sold Price Compared To Nearby Cities
| Marblehead | $425K | $625K | +47.1% |
| Danbury Township | $404K | $475K | +17.6% |
| Lakeside Marblehead | $405K | $475K | +17.3% |
Housing Supply in Marblehead, OH
How many homes are available in Marblehead, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Marblehead real estate market had 16 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 4 | 1 | -75.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Marblehead 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 increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Marblehead, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Marblehead in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Marblehead, OH
How long does it take to sell a home in Marblehead, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 139 Days | +47.6% |
Summary: Homes in Marblehead had an average of 139 days on market in Nov 2024, up by 47.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Marblehead has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Marblehead; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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