$150,000
2.16 Acres
Land
#224036407, Nicholas Lesueur, Listing Office: Keller Williams Consultants
Is Mount Sterling, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mount Sterling has remained a Seller's Market.
Key Takeaway
Mount Sterling is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Sterling, OH
How much do homes in Mount Sterling, OH cost?
Median Sold Price
$220,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$50,400(-18.6%)
Key Takeaway
Homes in Mount Sterling have sold for 18.6% less than they did a year ago.
Summary: The median home sold price in Mount Sterling was $220,000 in October 2024, down 18.6% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $46K | - | N/A |
| 2 Bedrooms | $165K | $190K | +15.2% |
| 3 Bedrooms | $279.5K | $265K | -5.2% |
| 4 Bedrooms | $309K | $317.3K | +2.7% |
| 5+ Bedrooms | $295K | $499.9K | +69.5% |
Summary: Mount Sterling 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 15.2%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 69.5%.
Median Sold Price Compared To Nearby Cities
| Mount Sterling | $270.4K | $220K | -18.6% |
| Pleasant Township | $275K | $193.4K | -29.7% |
Housing Supply in Mount Sterling, OH
How many homes are available in Mount Sterling, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The Mount Sterling real estate market had 2 homes for sale in October 2024, a 33.3% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Mount Sterling 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Sterling, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mount Sterling in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Mount Sterling, OH
How long does it take to sell a home in Mount Sterling, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 95 Days | +398.9% |
Summary: Homes in Mount Sterling had an average of 95 days on market in Oct 2024, up by 398.9% 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 Mount Sterling has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Mount Sterling; 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.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.