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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sunbury is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Sunbury, OH

How much do homes in Sunbury, OH cost?

Median Sold Price

$490,152

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,757(+2.0%)

Key Takeaway

Homes in Sunbury have sold for 2% more than they did a year ago.

Summary: The median home sold price in Sunbury was $490,152 in December 2024, up 2% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$500.8K
N/A
2 $417.8K$387.5K
-7.3%
3 $447.9K$450K
0.4%
4 $510K$565.8K
+10.9%
5+ $558.6K$589.9K
+5.6%

Summary: Sunbury housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Galena
+9.6%
Trenton Township
+5.6%
Sunbury
+2.0%
Berkshire Township
+1.2%
Sunbury Village Township
-2.9%

Housing Supply in Sunbury, OH

How many homes are available in Sunbury, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7761-20.8%

Summary: The Sunbury real estate market had 61 homes for sale in December 2024, a 20.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 148
-42.9%
3 3326
-21.2%
4 2824
-14.3%
5+ 23
+50.0%

Summary: The Sunbury housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2417-29.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sunbury, expect to pay close to the asking price. 35.3% of homes here sold near the asking price last month.

Summary: A total of 17 homes were sold or pending in Sunbury in December 2024, down by 29.2% month-over-month. Of the 17 sold homes, 29% were sold under asking, 35% were sold at asking, and 35% were sold over asking.

Days on Market for Sunbury, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days30 Days+3.4%

Summary: Homes in Sunbury had an average of 30 days on market in Dec 2024, up by 3.4% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sunbury are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 17 homes were sold in Sunbury; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% 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 4 Days Ago

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