Is Seneca County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seneca County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Seneca County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Seneca County, OH

How much do homes in Seneca County, OH cost?

Median Sold Price

$158,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,050(+5.4%)

Key Takeaway

Homes in Seneca County have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Seneca County was $158,000 in October 2024, up 5.4% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $72.5K$85.5K
+17.9%
2 $128.7K$125K
-2.9%
3 $146.9K$157K
+6.8%
4 $189.9K$218K
+14.8%
5+ $200K$205K
+2.5%

Summary: Seneca County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.9%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Counties

Huron County
+8.0%
Seneca County
+5.4%
Sandusky County
+3.2%
Hancock County
+2.3%

Housing Supply in Seneca County, OH

How many homes are available in Seneca County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
153152-0.7%

Summary: The Seneca County real estate market had 152 homes for sale in October 2024, a 0.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2431
+29.2%
3 8585
0.0%
4 3729
-21.6%
5+ 77
0.0%

Summary: The Seneca County 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 29.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 21.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4431-29.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seneca County, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Seneca County in October 2024, down by 29.5% month-over-month. Of the 31 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.

Days on Market for Seneca County, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days44 Days-4.9%

Summary: Homes in Seneca County had an average of 44 days on market in Oct 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Seneca County has remained consistent over time.

Summary: During October 2024, 31 homes were sold in Seneca County; 32% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

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