$4,868 Closing Credit*
$409,900
1,537 SqFt
3 Beds
•2 Full Baths, 1 Partial
David S Sharkey, Listing Office: Progressive Urban Real Estate Co
Is Tremont, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Tremont was a Seller's Market.
Key Takeaway
Tremont is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tremont, OH
How much do homes in Tremont, OH cost?
Median Sold Price
$391,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,000(+11.1%)
Key Takeaway
Homes in Tremont have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Tremont was $391,000 in November 2024, up 11.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $212.5K | -25.4% |
| 2 Bedrooms | $365K | $406.5K | +11.4% |
| 3 Bedrooms | $450K | $535K | +18.9% |
| 4 Bedrooms | $227K | $275K | +21.1% |
| 5+ Bedrooms | $311.5K | $280K | -10.1% |
Summary: Tremont housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in Tremont, OH
How many homes are available in Tremont, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 48 | 0.0% |
Summary: The Tremont real estate market had 48 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Tremont 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 remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 6 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tremont, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Tremont in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Tremont, OH
How long does it take to sell a home in Tremont, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 37 Days | -9.7% |
Summary: Homes in Tremont had an average of 37 days on market in Nov 2024, down by 9.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Tremont has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Tremont; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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