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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandusky is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Sandusky was a Seller's Market.

Key Takeaway

Sandusky is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sandusky, OH

How much do homes in Sandusky, OH cost?

Median Sold Price

$172,106

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$24,881(+16.9%)

Key Takeaway

Homes in Sandusky have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Sandusky was $172,106 in September 2024, up 16.9% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $114.5K$61.1K
-46.6%
2 $105.9K$120K
+13.3%
3 $153.7K$175.5K
+14.1%
4 $181.5K$225K
+24.0%
5+ $150K$210K
+40.0%

Summary: Sandusky housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.6%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 24%, and 5+ bedroom homes increased by 40%.

Median Sold Price Compared To Nearby Cities

Sandusky
+16.9%
Huron Township
+7.6%
Margaretta Township
+4.9%

Housing Supply in Sandusky, OH

How many homes are available in Sandusky, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
131144+9.9%

Summary: The Sandusky real estate market had 144 homes for sale in September 2024, a 9.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 2726
-3.7%
3 6669
+4.5%
4 3140
+29.0%
5+ 56
+20.0%

Summary: The Sandusky housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3018-40.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandusky, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Sandusky in September 2024, down by 40.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 6% were sold at asking, and 33% were sold over asking.

Days on Market for Sandusky, OH

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

Average Sale Time

Sep 2023Sep 2024CHANGE
52 Days42 Days-18.8%

Summary: Homes in Sandusky had an average of 42 days on market in Sep 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

12 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 Sandusky has remained consistent over time.

Summary: During September 2024, 18 homes were sold in Sandusky; 28% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 6% 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 Sep 1, 2024

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