Is Parkhill Land, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Parkhill Land is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Parkhill Land has remained a Buyer's Market.

Key Takeaway

Parkhill Land is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Parkhill Land, OH

How much do homes in Parkhill Land, OH cost?

Median Sold Price

$85,900

$39/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,666(+20.6%)

Key Takeaway

Homes in Parkhill Land have sold for 20.6% more than they did a year ago.

Summary: The median home sold price in Parkhill Land was $85,900 in December 2024, up 20.6% from last year, and the median price per square foot was $39.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $27K-
N/A
2 $64.9K$80.2K
+23.7%
3 $65K$78K
+20.0%
4 $87.4K$87.5K
0.1%
5+ $73.2K$100K
+36.5%

Summary: Parkhill Land housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 36.5%.

Housing Supply in Parkhill Land, OH

How many homes are available in Parkhill Land, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2022+10.0%

Summary: The Parkhill Land real estate market had 22 homes for sale in December 2024, a 10.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 48
+100.0%
4 87
-12.5%
5+ 75
-28.6%

Summary: The Parkhill Land housing inventory by bedroom type for December 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 100%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

2 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 Parkhill Land, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Parkhill Land in December 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Parkhill Land, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
30 Days82 Days+174.4%

Summary: Homes in Parkhill Land had an average of 82 days on market in Dec 2024, up by 174.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Parkhill Land are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Parkhill Land; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

Newest Listings in Parkhill Land, OH

Nearby Markets to Parkhill Land, OH