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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Risingsun is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Risingsun, OH

How much do homes in Risingsun, OH cost?

Median Sold Price

$180,500

$168/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$49,500(-21.5%)

Key Takeaway

Homes in Risingsun have sold for 21.5% less than they did a month ago.

Summary: The median home sold price in Risingsun was $180,500 in October 2024, down 21.5% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $230K$226K
-1.7%
4 --
N/A
5+ --
N/A

Summary: Risingsun housing prices by bedroom type for October 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 decreased by 1.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Risingsun, OH

How many homes are available in Risingsun, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Risingsun real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Risingsun 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 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

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Risingsun, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Risingsun in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Risingsun, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
54 Days51 Days-5.6%

Summary: Homes in Risingsun had an average of 51 days on market in Oct 2024, down by 5.6% 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 Risingsun are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Risingsun; 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 17 Days Ago

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