$2,019 Closing Credit*
$170,000
1,134 SqFt
2 Beds
•2 Full Baths
Tera Somogyi, Listing Office: Keller Williams Living
Is Ohio City, 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, Ohio City was a Seller's Market.
Key Takeaway
Ohio City 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 Ohio City, OH
How much do homes in Ohio City, OH cost?
Median Sold Price
$337,500
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,500(+10.7%)
Key Takeaway
Homes in Ohio City have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Ohio City was $337,500 in November 2024, up 10.7% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $181K | $166.4K | -8.0% |
| 2 Bedrooms | $255K | $272K | +6.7% |
| 3 Bedrooms | $464.9K | $433.6K | -6.7% |
| 4 Bedrooms | $287.5K | $435K | +51.3% |
| 5+ Bedrooms | $279K | $354.5K | +27.1% |
Summary: Ohio City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 51.3%, and 5+ bedroom homes increased by 27.1%.
Housing Supply in Ohio City, OH
How many homes are available in Ohio City, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 55 | +3.8% |
Summary: The Ohio City real estate market had 55 homes for sale in November 2024, a 3.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 20 | 19 | -5.0% |
| 3 Bedrooms | 19 | 21 | +10.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Ohio City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio City, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Ohio City in November 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Ohio City, OH
How long does it take to sell a home in Ohio City, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 111 Days | +94.3% |
Summary: Homes in Ohio City had an average of 111 days on market in Nov 2024, up by 94.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Ohio City are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 8 homes were sold in Ohio City; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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