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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Piedmont is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Piedmont was a Neutral Market.

Key Takeaway

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

Housing Prices in Piedmont, OH

How much do homes in Piedmont, OH cost?

Median Sold Price

$314,000

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$154,500(+96.9%)

Key Takeaway

Homes in Piedmont have sold for 96.9% more than they did a year ago.

Summary: The median home sold price in Piedmont was $314,000 in October 2024, up 96.9% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $159.5K$300K
+88.1%
3 $129.7K$507.2K
+291.1%
4 $320.5K$313K
-2.3%
5+ --
N/A

Summary: Piedmont housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 88.1%, 3 bedroom homes increased by 291.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Piedmont
+96.9%
Flushing Township
+35.8%

Housing Supply in Piedmont, OH

How many homes are available in Piedmont, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Piedmont real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Piedmont housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Piedmont, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Piedmont in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Piedmont, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
128 Days169 Days+32.0%

Summary: Homes in Piedmont had an average of 169 days on market in Oct 2024, up by 32% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Piedmont are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Piedmont; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

Newest Listings in Piedmont, OH

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