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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Walbridge is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Walbridge was a Buyer's Market.

Key Takeaway

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

Housing Prices in Walbridge, OH

How much do homes in Walbridge, OH cost?

Median Sold Price

$200,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$35,000(-14.9%)

Key Takeaway

Homes in Walbridge have sold for 14.9% less than they did a year ago.

Summary: The median home sold price in Walbridge was $200,000 in October 2024, down 14.9% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $134.9K$184.3K
+36.6%
3 $216K$199.9K
-7.4%
4 $297.5K$305.9K
+2.8%
5+ $550K-
N/A

Summary: Walbridge 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 increased by 36.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Northwood
+6.8%
Lake Township
+0.9%
Walbridge
-14.9%

Housing Supply in Walbridge, OH

How many homes are available in Walbridge, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Walbridge real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 65
-16.7%
4 11
0.0%
5+ 00
0.0%

Summary: The Walbridge 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 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Walbridge, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Walbridge in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Walbridge, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days32 Days+2.3%

Summary: Homes in Walbridge had an average of 32 days on market in Oct 2024, up by 2.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Walbridge; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Walbridge, OH

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