Is Valley City, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Valley City is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Valley City was a Neutral Market.

Key Takeaway

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

Housing Prices in Valley City, OH

How much do homes in Valley City, OH cost?

Median Sold Price

$552,500

$188/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$122,500(+28.5%)

Key Takeaway

Homes in Valley City have sold for 28.5% more than they did a year ago.

Summary: The median home sold price in Valley City was $552,500 in November 2024, up 28.5% from last year, and the median price per square foot was $188.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $182.5K$187K
+2.5%
3 $365K$548.5K
+50.3%
4 $515K$630K
+22.3%
5+ $644K$610K
-5.3%

Summary: Valley City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 50.3%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Cities

Valley City
+28.5%
Liverpool Township
+20.9%
York Township
+7.5%
Columbia Station
+2.0%
Brunswick Hills Township
-5.6%

Housing Supply in Valley City, OH

How many homes are available in Valley City, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1311-15.4%

Summary: The Valley City real estate market had 11 homes for sale in November 2024, a 15.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Valley City 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Valley City, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Valley City in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Valley City, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
39 Days50 Days+27.2%

Summary: Homes in Valley City had an average of 50 days on market in Nov 2024, up by 27.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 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 Valley City has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Valley City; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 22 Days Ago

Newest Listings in Valley City, OH

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