$2,969 Closing Credit*
$250,000
5 Beds
•2 Full Baths
David M King, Listing Office: King Realty
Is Wellington, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Wellington was a Buyer's Market.
Key Takeaway
Wellington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wellington, OH
How much do homes in Wellington, OH cost?
Median Sold Price
$255,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$10,000(+4.1%)
Key Takeaway
Homes in Wellington have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Wellington was $255,000 in December 2024, up 4.1% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $436K | $141K | -67.7% |
| 2 Bedrooms | $150K | $157.4K | +5.0% |
| 3 Bedrooms | $235.5K | $232K | -1.5% |
| 4 Bedrooms | $325K | $322.4K | -0.8% |
| 5+ Bedrooms | $251.5K | $427.4K | +70.0% |
Summary: Wellington housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 67.7%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 70%.
Median Sold Price Compared To Nearby Cities
| Wellington | $245K | $255K | +4.1% |
| Wellington Township | $245K | $255K | +4.1% |
Housing Supply in Wellington, OH
How many homes are available in Wellington, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 33 | 27 | -18.2% |
Summary: The Wellington real estate market had 27 homes for sale in December 2024, a 18.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Wellington 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 50%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wellington, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Wellington in December 2024, down by 45.5% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for Wellington, OH
How long does it take to sell a home in Wellington, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 98 Days | 84 Days | -14.2% |
Summary: Homes in Wellington had an average of 84 days on market in Dec 2024, down by 14.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Wellington are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Wellington; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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