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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in North River, OH

How much do homes in North River, OH cost?

Median Sold Price

$42,125

$29/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,125(+40.4%)

Key Takeaway

Homes in North River have sold for 40.4% more than they did a year ago.

Summary: The median home sold price in North River was $42,125 in October 2024, up 40.4% from last year, and the median price per square foot was $29.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $34.2K$38K
+11.0%
3 $30K$44.1K
+47.1%
4 $25K$33.5K
+34.0%
5+ $350K$66.7K
-80.9%

Summary: North River 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 11%, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 34%, and 5+ bedroom homes decreased by 80.9%.

Median Sold Price Compared To Nearby Neighborhoods

North River
+40.4%
Lagrange
+10.0%
Point Place
+6.8%

Housing Supply in North River, OH

How many homes are available in North River, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
19190.0%

Summary: The North River real estate market had 19 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 46
+50.0%
3 1110
-9.1%
4 32
-33.3%
5+ 00
0.0%

Summary: The North River 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 50%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in North River in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
32 Days56 Days+75.0%

Summary: Homes in North River had an average of 56 days on market in Oct 2024, up by 75% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in North River; 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.

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

Nearby Markets to North River, OH