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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wauseon is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wauseon, OH

How much do homes in Wauseon, OH cost?

Median Sold Price

$213,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,000(+10.9%)

Key Takeaway

Homes in Wauseon have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Wauseon was $213,000 in November 2024, up 10.9% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $130K$155K
+19.2%
3 $187.5K$211K
+12.5%
4 $255K$299.9K
+17.6%
5+ $320K$237.5K
-25.8%

Summary: Wauseon 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 19.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 25.8%.

Median Sold Price Compared To Nearby Cities

York Township
+23.4%
Clinton Township
+18.3%
Wauseon
+10.9%

Housing Supply in Wauseon, OH

How many homes are available in Wauseon, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3925-35.9%

Summary: The Wauseon real estate market had 25 homes for sale in November 2024, a 35.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 2316
-30.4%
4 105
-50.0%
5+ 21
-50.0%

Summary: The Wauseon 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 25%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wauseon, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Wauseon in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Wauseon, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
68 Days66 Days-3.7%

Summary: Homes in Wauseon had an average of 66 days on market in Nov 2024, down by 3.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 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 Wauseon has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Wauseon; 11% of homes were sold within 30 days, 67% 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 2 Days Ago

Newest Listings in Wauseon, OH

Nearby Markets to Wauseon, OH

What housing markets are near Wauseon, OH?