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 November 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

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,450(-12.4%)

Key Takeaway

Homes in Waterville have sold for 12.4% less than they did a year ago.

Summary: The median home sold price in Waterville was $320,000 in November 2024, down 12.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$237.5K
+3.3%
3 $337.5K$297K
-12.0%
4 $410K$402.9K
-1.7%
5+ $525K$392.5K
-25.2%

Summary: Waterville 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 3.3%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Cities

Middleton Township
+4.7%
Waterville Township
-5.4%
Waterville
-12.4%

Housing Supply in Waterville, OH

How many homes are available in Waterville, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4541-8.9%

Summary: The Waterville real estate market had 41 homes for sale in November 2024, a 8.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1717
0.0%
4 1713
-23.5%
5+ 45
+25.0%

Summary: The Waterville 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Waterville in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
96 Days52 Days-45.3%

Summary: Homes in Waterville had an average of 52 days on market in Nov 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 November 2024, 9 homes were sold in Waterville; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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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