$3,563 Closing Credit*
$300,000
1,885 SqFt
3 Beds
•2 Full Baths
Mark G Rosko, Listing Office: Keller Williams Community Part
Is Oakwood, 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, Oakwood was a Seller's Market.
Key Takeaway
Oakwood 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 Oakwood, OH
How much do homes in Oakwood, OH cost?
Median Sold Price
$367,500
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$52,500(+16.7%)
Key Takeaway
Homes in Oakwood have sold for 16.7% more than they did a year ago.
Summary: The median home sold price in Oakwood was $367,500 in November 2024, up 16.7% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.5K | $105K | +3.4% |
| 2 Bedrooms | $222.8K | $250K | +12.2% |
| 3 Bedrooms | $295K | $332.5K | +12.7% |
| 4 Bedrooms | $435K | $427K | -1.8% |
| 5+ Bedrooms | $589.9K | $622.4K | +5.5% |
Summary: Oakwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Oakwood | $315K | $367.5K | +16.7% |
| Bedford | $160K | $180K | +12.5% |
Housing Supply in Oakwood, OH
How many homes are available in Oakwood, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The Oakwood real estate market had 49 homes for sale in November 2024, a 7.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 16 | 16 | 0.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Oakwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakwood, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Oakwood in November 2024, down by 38.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Oakwood, OH
How long does it take to sell a home in Oakwood, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 90 Days | -17.0% |
Summary: Homes in Oakwood had an average of 90 days on market in Nov 2024, down by 17% 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 Oakwood has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Oakwood; 0% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.