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

$96,077

$63/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$38,922(-28.8%)

Key Takeaway

Homes in Rayland have sold for 28.8% less than they did a month ago.

Summary: The median home sold price in Rayland was $96,077 in December 2024, down 28.8% from last month, and the median price per square foot was $63.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 $75K-
N/A
2 --
N/A
3 -$96K
N/A
4 $195K-
N/A
5+ --
N/A

Summary: Rayland housing prices by bedroom type for December 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

Nov 2024Dec 2024CHANGE
86-25.0%

Summary: The Rayland real estate market had 6 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 44
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Rayland housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 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 December 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

Nov 2024Dec 2024CHANGE
103 Days26 Days-74.3%

Summary: Homes in Rayland had an average of 26 days on market in Dec 2024, down by 74.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Rayland; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Rayland, OH

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