Is Roaming Shores, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roaming Shores is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Roaming Shores was a Neutral Market.

Key Takeaway

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

Housing Prices in Roaming Shores, OH

How much do homes in Roaming Shores, OH cost?

Median Sold Price

$290,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$36,000(+14.2%)

Key Takeaway

Homes in Roaming Shores have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Roaming Shores was $290,000 in October 2024, up 14.2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $219.9K$171K
-22.2%
3 $225K$255K
+13.3%
4 $268K$594.5K
+121.8%
5+ $595K$506.5K
-14.9%

Summary: Roaming Shores housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 121.8%, and 5+ bedroom homes decreased by 14.9%.

Median Sold Price Compared To Nearby Cities

Rock Creek
+69.2%
Morgan Township
+22.6%
Roaming Shores
+14.2%
Rome Township
-12.5%
Rome
-15.3%

Housing Supply in Roaming Shores, OH

How many homes are available in Roaming Shores, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2118-14.3%

Summary: The Roaming Shores real estate market had 18 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1414
0.0%
4 63
-50.0%
5+ 11
0.0%

Summary: The Roaming Shores 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 decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roaming Shores, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Roaming Shores in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Roaming Shores, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days59 Days+94.8%

Summary: Homes in Roaming Shores had an average of 59 days on market in Oct 2024, up by 94.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were 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 Roaming Shores has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Roaming Shores; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 16 Days Ago

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