Is Port Clinton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Clinton is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Port Clinton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Port Clinton, OH

How much do homes in Port Clinton, OH cost?

Median Sold Price

$336,500

$229/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,500(+21.5%)

Key Takeaway

Homes in Port Clinton have sold for 21.5% more than they did a year ago.

Summary: The median home sold price in Port Clinton was $336,500 in October 2024, up 21.5% from last year, and the median price per square foot was $229.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $245K$225K
-8.2%
2 $300K$264K
-12.0%
3 $270.5K$375K
+38.6%
4 $537.5K$507K
-5.7%
5+ $795K$665K
-16.4%

Summary: Port Clinton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 38.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 16.4%.

Housing Supply in Port Clinton, OH

How many homes are available in Port Clinton, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9688-8.3%

Summary: The Port Clinton real estate market had 88 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 2927
-6.9%
3 4134
-17.1%
4 1518
+20.0%
5+ 54
-20.0%

Summary: The Port Clinton housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2616-38.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Clinton, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Port Clinton in October 2024, down by 38.5% month-over-month. Of the 16 sold homes, 56% were sold under asking, 6% were sold at asking, and 38% were sold over asking.

Days on Market for Port Clinton, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days31 Days-33.1%

Summary: Homes in Port Clinton had an average of 31 days on market in Oct 2024, down by 33.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 16 homes were sold in Port Clinton; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% 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 17 Days Ago

Newest Listings in Port Clinton, OH

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