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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Salineville is a neutral's market

Buyer's
Market

Difference Since October 2023

Since last year, Salineville has remained a Neutral Market.

Key Takeaway

Salineville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Salineville, OH

How much do homes in Salineville, OH cost?

Median Sold Price

$90,000

$65/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-3.7%)

Key Takeaway

Homes in Salineville have sold for 3.7% less than they did a year ago.

Summary: The median home sold price in Salineville was $90,000 in October 2024, down 3.7% from last year, and the median price per square foot was $65.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$62.5K
N/A
2 $32.8K$58.7K
+78.7%
3 $107.5K$105K
-2.3%
4 $87K$160K
+83.9%
5+ $415K-
N/A

Summary: Salineville 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 increased by 78.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 83.9%, and 5+ bedroom homes did not change.

Housing Supply in Salineville, OH

How many homes are available in Salineville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The Salineville real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 74
-42.9%
4 35
+66.7%
5+ 00
0.0%

Summary: The Salineville 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 increased by 200%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 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 Salineville, 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 Salineville in October 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 Salineville, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days226 Days+738.9%

Summary: Homes in Salineville had an average of 226 days on market in Oct 2024, up by 738.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Salineville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Salineville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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