$6,768 Closing Credit*
$569,900
3,473 SqFt
4 Beds
•3 Full Baths, 1 Partial
Joan Elflein, Listing Office: Ohio Broker Direct
Is Wellington, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Wellington has remained a Seller'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
$231,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,000(-6.1%)
Key Takeaway
Homes in Wellington have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in Wellington was $231,000 in November 2024, down 6.1% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $436K | $141K | -67.7% |
| 2 Bedrooms | $150K | $157.4K | +5.0% |
| 3 Bedrooms | $236K | $228.5K | -3.2% |
| 4 Bedrooms | $325K | $310.5K | -4.5% |
| 5+ Bedrooms | $251.5K | $427.4K | +70.0% |
Summary: Wellington housing prices by bedroom type for November 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 3.2%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 70%.
Median Sold Price Compared To Nearby Cities
| Wellington | $246K | $231K | -6.1% |
| Wellington Township | $246K | $231K | -6.1% |
Housing Supply in Wellington, OH
How many homes are available in Wellington, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 35 | -10.3% |
Summary: The Wellington real estate market had 35 homes for sale in November 2024, a 10.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 17 | 17 | 0.0% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Wellington 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 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wellington, you could pay more than the asking price. 63.6% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Wellington in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 9% were sold at asking, and 64% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 18 Days | -60.1% |
Summary: Homes in Wellington had an average of 18 days on market in Nov 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Wellington are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Wellington; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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