$62,000
5.06 Acres
Land
Jennifer Sterns, Listing Office: Coldwell Banker Realty
Is Newcomerstown, 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, Newcomerstown was a Seller's Market.
Key Takeaway
Newcomerstown is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Newcomerstown, OH
How much do homes in Newcomerstown, OH cost?
Median Sold Price
$130,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$14,000(-9.7%)
Key Takeaway
Homes in Newcomerstown have sold for 9.7% less than they did a year ago.
Summary: The median home sold price in Newcomerstown was $130,000 in November 2024, down 9.7% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $115K | N/A |
| 2 Bedrooms | $130.9K | $110K | -16.0% |
| 3 Bedrooms | $142.5K | $149K | +4.6% |
| 4 Bedrooms | $206.9K | $171K | -17.4% |
| 5+ Bedrooms | $185K | $300K | +62.2% |
Summary: Newcomerstown 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 16%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 62.2%.
Median Sold Price Compared To Nearby Cities
| Salem Township | $163.7K | $164.5K | 0.5% |
| Oxford Township | $324.5K | $325K | 0.2% |
| Oxford Township | $207.5K | $190K | -8.4% |
| Newcomerstown | $144K | $130K | -9.7% |
Housing Supply in Newcomerstown, OH
How many homes are available in Newcomerstown, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Newcomerstown real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 4 | -42.9% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Newcomerstown 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 decreased by 42.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 4 | -55.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newcomerstown, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Newcomerstown in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for Newcomerstown, OH
How long does it take to sell a home in Newcomerstown, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 97 Days | +132.7% |
Summary: Homes in Newcomerstown had an average of 97 days on market in Nov 2024, up by 132.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Newcomerstown has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Newcomerstown; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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