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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Thornville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Thornville, OH

How much do homes in Thornville, OH cost?

Median Sold Price

$303,600

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$26,400(-8.0%)

Key Takeaway

Homes in Thornville have sold for 8% less than they did a year ago.

Summary: The median home sold price in Thornville was $303,600 in October 2024, down 8% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K-
N/A
2 $259K$225K
-13.1%
3 $305K$303.6K
-0.5%
4 $488.7K$445K
-9.0%
5+ $550K$700K
+27.3%

Summary: Thornville 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 13.1%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes increased by 27.3%.

Housing Supply in Thornville, OH

How many homes are available in Thornville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139-30.8%

Summary: The Thornville real estate market had 9 homes for sale in October 2024, a 30.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 53
-40.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Thornville 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 decreased by 25%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Thornville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Thornville in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Thornville, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days150 Days+490.2%

Summary: Homes in Thornville had an average of 150 days on market in Oct 2024, up by 490.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Thornville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in Thornville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

Newest Listings in Thornville, OH

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