Is West Alexandria, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Alexandria is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, West Alexandria was a Buyer's Market.

Key Takeaway

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

Housing Prices in West Alexandria, OH

How much do homes in West Alexandria, OH cost?

Median Sold Price

$202,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$2,000(+1.0%)

Key Takeaway

Homes in West Alexandria have sold for 1% more than they did a year ago.

Summary: The median home sold price in West Alexandria was $202,000 in December 2024, up 1% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $81.5K-
N/A
2 $69.8K$115K
+64.6%
3 $196.8K$196K
-0.4%
4 $253K$205K
-19.0%
5+ $185K$717.5K
+287.8%

Summary: West Alexandria 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 64.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes increased by 287.8%.

Housing Supply in West Alexandria, OH

How many homes are available in West Alexandria, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1112+9.1%

Summary: The West Alexandria real estate market had 12 homes for sale in December 2024, a 9.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 46
+50.0%
4 21
-50.0%
5+ 33
0.0%

Summary: The West Alexandria 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Alexandria, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Alexandria in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for West Alexandria, OH

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in West Alexandria are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 3 homes were sold in West Alexandria; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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

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