Is North River, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North River is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North River was a Seller's Market.

Key Takeaway

North River 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 North River, OH

How much do homes in North River, OH cost?

Median Sold Price

$41,000

$29/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,000(+36.7%)

Key Takeaway

Homes in North River have sold for 36.7% more than they did a year ago.

Summary: The median home sold price in North River was $41,000 in November 2024, up 36.7% from last year, and the median price per square foot was $29.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $34.2K$39K
+14.0%
3 $30K$40.6K
+35.4%
4 $25K$33.5K
+34.0%
5+ $350K$66.7K
-80.9%

Summary: North River 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 increased by 14%, 3 bedroom homes increased by 35.4%, 4 bedroom homes increased by 34%, and 5+ bedroom homes decreased by 80.9%.

Median Sold Price Compared To Nearby Neighborhoods

North River
+36.7%
Lagrange
+12.5%
Point Place
+9.9%

Housing Supply in North River, OH

How many homes are available in North River, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1412-14.3%

Summary: The North River real estate market had 12 homes for sale in November 2024, a 14.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 65
-16.7%
3 53
-40.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The North River 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 16.7%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North River, 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 North River 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 North River, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
73 Days43 Days-41.0%

Summary: Homes in North River had an average of 43 days on market in Nov 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North River has remained consistent over time.

Summary: During November 2024, 2 homes were sold in North River; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in North River, OH

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