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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rayland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Rayland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rayland, OH

How much do homes in Rayland, OH cost?

Median Sold Price

$135,000

$20/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$5,500(+4.2%)

Key Takeaway

Homes in Rayland have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in Rayland was $135,000 in November 2024, up 4.2% from last month, and the median price per square foot was $20.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$75K
N/A
2 --
N/A
3 $129.5K-
N/A
4 -$195K
N/A
5+ --
N/A

Summary: Rayland housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rayland, OH

How many homes are available in Rayland, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
990.0%

Summary: The Rayland real estate market had 9 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 55
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Rayland 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 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

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were 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 Rayland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rayland in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rayland, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
101 Days103 Days+2.0%

Summary: Homes in Rayland had an average of 103 days on market in Nov 2024, up by 2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Rayland has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Rayland; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

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