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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napoleon is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Napoleon, OH

How much do homes in Napoleon, OH cost?

Median Sold Price

$175,500

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$500(+0.3%)

Key Takeaway

The sold price of homes in Napoleon has remained the same since last year.

Summary: The median home sold price in Napoleon was $175,500 in October 2024, up 0.3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $125K$96K
-23.2%
3 $183.5K$179.9K
-2.0%
4 $189K$202.9K
+7.4%
5+ -$247.7K
N/A

Summary: Napoleon 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 decreased by 23.2%, 3 bedroom homes decreased by 2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Napoleon
0.3%
Napoleon Township
0.3%
Harrison Township
-4.0%

Housing Supply in Napoleon, OH

How many homes are available in Napoleon, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4041+2.5%

Summary: The Napoleon real estate market had 41 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 3133
+6.5%
4 63
-50.0%
5+ 00
0.0%

Summary: The Napoleon 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 66.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
915+66.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napoleon, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Napoleon in October 2024, up by 66.7% month-over-month. Of the 15 sold homes, 60% were sold under asking, 7% were sold at asking, and 33% were sold over asking.

Days on Market for Napoleon, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
66 Days68 Days+3.2%

Summary: Homes in Napoleon had an average of 68 days on market in Oct 2024, up by 3.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Napoleon has remained consistent over time.

Summary: During October 2024, 15 homes were sold in Napoleon; 13% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 27% 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 20 Days Ago

Newest Listings in Napoleon, OH

Nearby Markets to Napoleon, OH

What housing markets are near Napoleon, OH?