$2,138 Closing Credit*
$180,000
1,140 SqFt
3 Beds
•1 Full Bath
Barbara I Lacinak, Listing Office: Russell Real Estate Services
Is Wakeman, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Wakeman was a Neutral Market.
Key Takeaway
Wakeman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wakeman, OH
How much do homes in Wakeman, OH cost?
Median Sold Price
$251,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$18,000(-6.7%)
Key Takeaway
Homes in Wakeman have sold for 6.7% less than they did a year ago.
Summary: The median home sold price in Wakeman was $251,000 in September 2024, down 6.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $211K | +11.1% |
| 3 Bedrooms | $269K | $262.5K | -2.4% |
| 4 Bedrooms | $279.5K | $298K | +6.6% |
| 5+ Bedrooms | $380K | $367.5K | -3.3% |
Summary: Wakeman housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
| Wakeman | $269K | $251K | -6.7% |
| Wakeman Township | $269K | $251K | -6.7% |
Housing Supply in Wakeman, OH
How many homes are available in Wakeman, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Summary: The Wakeman real estate market had 14 homes for sale in September 2024, a 16.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Wakeman housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wakeman, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Wakeman in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Wakeman, OH
How long does it take to sell a home in Wakeman, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 41 Days | +51.9% |
Summary: Homes in Wakeman had an average of 41 days on market in Sep 2024, up by 51.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wakeman has remained consistent over time.
Summary: During September 2024, 3 homes were sold in Wakeman; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.