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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swanton is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Swanton, OH

How much do homes in Swanton, OH cost?

Median Sold Price

$269,500

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$56,000(+26.2%)

Key Takeaway

Homes in Swanton have sold for 26.2% more than they did a year ago.

Summary: The median home sold price in Swanton was $269,500 in October 2024, up 26.2% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $74.2K-
N/A
2 $183.9K$147.4K
-19.9%
3 $211.5K$267K
+26.2%
4 $246.5K$312K
+26.6%
5+ $390K$337.5K
-13.5%

Summary: Swanton 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 19.9%, 3 bedroom homes increased by 26.2%, 4 bedroom homes increased by 26.6%, and 5+ bedroom homes decreased by 13.5%.

Median Sold Price Compared To Nearby Cities

Swan Creek Township
+34.2%
Swanton
+26.2%
Swanton Township
+25.3%
Fulton Township
+9.7%

Housing Supply in Swanton, OH

How many homes are available in Swanton, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3435+2.9%

Summary: The Swanton real estate market had 35 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 2526
+4.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The Swanton 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 25%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
880.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swanton, you could pay more than the asking price. 62.5% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Swanton in October 2024, the same as the previous month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.

Days on Market for Swanton, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days41 Days-14.6%

Summary: Homes in Swanton had an average of 41 days on market in Oct 2024, down by 14.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Swanton has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Swanton; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in Swanton, OH

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