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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Waterville, OH

How much do homes in Waterville, OH cost?

Median Sold Price

$320,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$40,450(-11.2%)

Key Takeaway

Homes in Waterville have sold for 11.2% less than they did a year ago.

Summary: The median home sold price in Waterville was $320,000 in October 2024, down 11.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $230K$225K
-2.2%
3 $325K$302.5K
-6.9%
4 $403.7K$400K
-0.9%
5+ $525K$382K
-27.2%

Summary: Waterville 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 2.2%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 27.2%.

Median Sold Price Compared To Nearby Cities

Middleton Township
+5.1%
Waterville Township
-8.4%
Waterville
-11.2%

Housing Supply in Waterville, OH

How many homes are available in Waterville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4846-4.2%

Summary: The Waterville real estate market had 46 homes for sale in October 2024, a 4.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 97
-22.2%
3 2017
-15.0%
4 1618
+12.5%
5+ 34
+33.3%

Summary: The Waterville 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 22.2%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1814-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waterville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Waterville in October 2024, down by 22.2% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Waterville, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
110 Days51 Days-53.5%

Summary: Homes in Waterville had an average of 51 days on market in Oct 2024, down by 53.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 14 homes were sold in Waterville; 21% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 14% 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 Waterville, OH

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