$1,841 Closing Credit*
$155,000
1,506 SqFt
2 Beds
•3 Full Baths, 1 Partial
Listing Office: Key Realty LTD
Is Southwyck, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Southwyck has remained a Seller's Market.
Key Takeaway
Southwyck is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southwyck, OH
How much do homes in Southwyck, OH cost?
Median Sold Price
$225,990
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,990(+5.1%)
Key Takeaway
Homes in Southwyck have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Southwyck was $225,990 in November 2024, up 5.1% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75.5K | $130K | +72.2% |
| 2 Bedrooms | $110K | $126K | +14.5% |
| 3 Bedrooms | $221K | $220K | -0.5% |
| 4 Bedrooms | $239K | $285K | +19.2% |
| 5+ Bedrooms | $345K | $222.5K | -35.5% |
Summary: Southwyck housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 14.5%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes decreased by 35.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Beverly | $159.5K | $175K | +9.7% |
| Glendale-Heatherdowns | $182K | $198.2K | +8.9% |
| Reynolds Corners | $149.9K | $157.7K | +5.2% |
| Southwyck | $215K | $225.9K | +5.1% |
Housing Supply in Southwyck, OH
How many homes are available in Southwyck, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Summary: The Southwyck real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 10 | 7 | -30.0% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Southwyck housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southwyck, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Southwyck in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 0% were sold at asking, and 56% were sold over asking.
Days on Market for Southwyck, OH
How long does it take to sell a home in Southwyck, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 67 Days | +72.6% |
Summary: Homes in Southwyck had an average of 67 days on market in Nov 2024, up by 72.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southwyck has remained consistent over time.
Summary: During November 2024, 9 homes were sold in Southwyck; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.