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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nova is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Nova has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nova, OH

How much do homes in Nova, OH cost?

Median Sold Price

$742,375

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$464,375(+167.0%)

Key Takeaway

Homes in Nova have sold for 167% more than they did a month ago.

Summary: The median home sold price in Nova was $742,375 in November 2024, up 167% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $278K-
N/A
4 -$500K
N/A
5+ -$984.7K
N/A

Summary: Nova housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Nova, OH

How many homes are available in Nova, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
46+50.0%

Summary: The Nova real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 23
+50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Nova 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nova, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Nova in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Nova, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days150 Days+2400.0%

Summary: Homes in Nova had an average of 150 days on market in Nov 2024, up by 2400% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Nova; 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.

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 Nova, OH

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