$3,551 Closing Credit*
$299,000
1,960 SqFt
3 Beds
•2 Full Baths
Grant Bake, Listing Office: Cedar One Realty
Is Scio, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Scio was a Buyer's Market.
Key Takeaway
Scio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scio, OH
How much do homes in Scio, OH cost?
Median Sold Price
$292,500
$117/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$109,500(+59.8%)
Key Takeaway
Homes in Scio have sold for 59.8% more than they did a month ago.
Summary: The median home sold price in Scio was $292,500 in October 2024, up 59.8% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | - | N/A |
| 3 Bedrooms | $91K | $100K | +9.9% |
| 4 Bedrooms | - | $335K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Scio 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 increased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Scio | $183K | $292.5K | +59.8% |
| North Township | $91K | $100K | +9.9% |
Housing Supply in Scio, OH
How many homes are available in Scio, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Scio real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Scio 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 increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scio, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Scio in October 2024, up by 300.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Scio, OH
How long does it take to sell a home in Scio, OH?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 35 Days | +74.4% |
Summary: Homes in Scio had an average of 35 days on market in Oct 2024, up by 74.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Scio are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Scio; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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