$2,611 Closing Credit*
$219,900
1,260 SqFt
1 Bed
•2 Full Baths
Patrick R Fogarty, Listing Office: Coldwell Banker Schmidt Realty
Is Ohio City, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$350,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$61,250(+21.2%)
Key Takeaway
Homes in Ohio City have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Ohio City was $350,000 in October 2024, up 21.2% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $166.4K | +0.9% |
| 2 Bedrooms | $255K | $273.5K | +7.3% |
| 3 Bedrooms | $422K | $450K | +6.6% |
| 4 Bedrooms | $317.5K | $405K | +27.6% |
| 5+ Bedrooms | $278K | $359K | +29.1% |
Summary: Ohio City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 27.6%, and 5+ bedroom homes increased by 29.1%.
Housing Supply in Ohio City, OH
How many homes are available in Ohio City, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 54 | -12.9% |
Summary: The Ohio City real estate market had 54 homes for sale in October 2024, a 12.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 22 | 21 | -4.5% |
| 3 Bedrooms | 25 | 17 | -32.0% |
| 4 Bedrooms | 6 | 10 | +66.7% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Ohio City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 32%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ohio City, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Ohio City in October 2024, down by 38.5% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 99 Days | 51 Days | -48.1% |
Summary: Homes in Ohio City had an average of 51 days on market in Oct 2024, down by 48.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ohio City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Ohio City; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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