$2,671 Closing Credit*
$224,900
2,432 SqFt
3 Beds
•2 Full Baths
Mathew P Chase, Listing Office: Keller Williams Greater Metropolitan
Is South Amherst, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, South Amherst has remained a Seller's Market.
Key Takeaway
South Amherst is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Amherst, OH
How much do homes in South Amherst, OH cost?
Median Sold Price
$187,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$22,500(-10.7%)
Key Takeaway
Homes in South Amherst have sold for 10.7% less than they did a year ago.
Summary: The median home sold price in South Amherst was $187,500 in October 2024, down 10.7% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $210K | $161.7K | -23.0% |
| 3 Bedrooms | $212.5K | $210K | -1.2% |
| 4 Bedrooms | $223K | $185K | -17.0% |
| 5+ Bedrooms | $186.9K | - | N/A |
Summary: South Amherst 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 23%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 17%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Russia Township | $251.5K | $300K | +19.3% |
| Amherst Township | $251K | $257.5K | +2.6% |
| South Amherst | $210K | $187.5K | -10.7% |
Housing Supply in South Amherst, OH
How many homes are available in South Amherst, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The South Amherst real estate market had 5 homes for sale in October 2024, a 16.7% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Amherst 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 decreased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Amherst, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in South Amherst in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for South Amherst, OH
How long does it take to sell a home in South Amherst, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 31 Days | -27.6% |
Summary: Homes in South Amherst had an average of 31 days on market in Oct 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Amherst are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in South Amherst; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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