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 November 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

$207,600

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,600(+12.2%)

Key Takeaway

Homes in Preble County have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Preble County was $207,600 in November 2024, up 12.2% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $71.7K$75K
+4.5%
2 $143.9K$126K
-12.4%
3 $192.6K$210K
+9.0%
4 $217.5K$260K
+19.5%
5+ $260K$320.2K
+23.2%

Summary: Preble County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes decreased by 12.4%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Counties

Preble County
+12.2%
Darke County
+9.1%
Montgomery County
+6.9%
Butler County
+4.3%

Housing Supply in Preble County, OH

How many homes are available in Preble County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
105123+17.1%

Summary: The Preble County real estate market had 123 homes for sale in November 2024, a 17.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1216
+33.3%
3 6375
+19.0%
4 2425
+4.2%
5+ 56
+20.0%

Summary: The Preble County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2425+4.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 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. 60% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Preble County in November 2024, up by 4.2% month-over-month. Of the 25 sold homes, 60% were sold under asking, 16% were sold at asking, and 24% 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?