Is Preble County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Preble County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Preble County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Preble County, OH

How much do homes in Preble County, OH cost?

Median Sold Price

$205,733

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,683(+11.8%)

Key Takeaway

Homes in Preble County have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Preble County was $205,733 in October 2024, up 11.8% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $71.7K$62.5K
-12.9%
2 $132.5K$131K
-1.1%
3 $188K$210K
+11.7%
4 $210K$255.9K
+21.9%
5+ $261.5K$315K
+20.5%

Summary: Preble County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes increased by 20.5%.

Median Sold Price Compared To Nearby Counties

Preble County
+11.8%
Darke County
+8.3%
Montgomery County
+6.9%
Butler County
+6.3%

Housing Supply in Preble County, OH

How many homes are available in Preble County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
97106+9.3%

Summary: The Preble County real estate market had 106 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 712
+71.4%
3 6466
+3.1%
4 2122
+4.8%
5+ 45
+25.0%

Summary: The Preble County 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 increased by 71.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2023+15.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Preble County, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Preble County in October 2024, up by 15.0% month-over-month. Of the 23 sold homes, 78% were sold under asking, 9% were sold at asking, and 13% were sold over asking.

Days on Market for Preble County, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Preble County, OH

Nearby Markets to Preble County, OH

What housing markets are near Preble County, OH?