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 December 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

$210,500

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,500(+7.4%)

Key Takeaway

Homes in Wauseon have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Wauseon was $210,500 in December 2024, up 7.4% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $131.5K$155K
+17.9%
3 $193K$207.2K
+7.4%
4 $255K$284.9K
+11.7%
5+ $320K$255K
-20.3%

Summary: Wauseon housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 20.3%.

Median Sold Price Compared To Nearby Cities

Clinton Township
+19.3%
York Township
+11.5%
Wauseon
+7.4%

Housing Supply in Wauseon, OH

How many homes are available in Wauseon, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2420-16.7%

Summary: The Wauseon real estate market had 20 homes for sale in December 2024, a 16.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 30
-100.0%
3 1612
-25.0%
4 47
+75.0%
5+ 11
0.0%

Summary: The Wauseon housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wauseon, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in Wauseon in December 2024, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
64 Days58 Days-9.9%

Summary: Homes in Wauseon had an average of 58 days on market in Dec 2024, down by 9.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

7 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 Wauseon has remained consistent over time.

Summary: During December 2024, 8 homes were sold in Wauseon; 13% of homes were sold within 30 days, 88% 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 4 Days Ago

Newest Listings in Wauseon, OH

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