$1,768 Closing Credit*
$148,900
1,134 SqFt
2 Beds
•2 Full Baths
Karen L Derosa, Listing Office: Harvey Goodman, REALTOR
Is Martins Ferry, 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, Martins Ferry was a Seller's Market.
Key Takeaway
Martins Ferry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Martins Ferry, OH
How much do homes in Martins Ferry, OH cost?
Median Sold Price
$110,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,000(+10.0%)
Key Takeaway
Homes in Martins Ferry have sold for 10% more than they did a year ago.
Summary: The median home sold price in Martins Ferry was $110,000 in October 2024, up 10% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $65K | +116.7% |
| 2 Bedrooms | $85K | $91K | +7.1% |
| 3 Bedrooms | $106.5K | $137K | +28.6% |
| 4 Bedrooms | $135K | $145K | +7.4% |
| 5+ Bedrooms | $115K | $41.2K | -64.1% |
Summary: Martins Ferry housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 64.1%.
Median Sold Price Compared To Nearby Cities
| Pease Township | $90K | $100K | +11.1% |
| Martins Ferry | $100K | $110K | +10.0% |
Housing Supply in Martins Ferry, OH
How many homes are available in Martins Ferry, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Summary: The Martins Ferry real estate market had 31 homes for sale in October 2024, a 24.0% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Martins Ferry 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 16.7%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Martins Ferry, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Martins Ferry in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Martins Ferry, OH
How long does it take to sell a home in Martins Ferry, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 49 Days | -32.8% |
Summary: Homes in Martins Ferry had an average of 49 days on market in Oct 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Martins Ferry has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Martins Ferry; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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