$3,076 Closing Credit*
$259,000
1,832 SqFt
3 Beds
•1 Full Bath
Carrie Corp, Listing Office: Keller Williams Legacy Group Realty
Is Wooster, 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, Wooster has remained a Seller's Market.
Key Takeaway
Wooster is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wooster, OH
How much do homes in Wooster, OH cost?
Median Sold Price
$234,600
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,200(+5.5%)
Key Takeaway
Homes in Wooster have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Wooster was $234,600 in November 2024, up 5.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | - | N/A |
| 2 Bedrooms | $182.9K | $201K | +9.9% |
| 3 Bedrooms | $215K | $240K | +11.6% |
| 4 Bedrooms | $304K | $243.7K | -19.8% |
| 5+ Bedrooms | $300K | $292K | -2.7% |
Summary: Wooster 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 9.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 2.7%.
Median Sold Price Compared To Nearby Cities
| Wayne Township | $216.5K | $235K | +8.5% |
| Franklin Township | $246K | $261.9K | +6.5% |
| Wooster | $222.4K | $234.6K | +5.5% |
| Wooster Township | $223K | $234.7K | +5.2% |
Housing Supply in Wooster, OH
How many homes are available in Wooster, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 147 | 119 | -19.0% |
Summary: The Wooster real estate market had 119 homes for sale in November 2024, a 19.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 29 | 27 | -6.9% |
| 3 Bedrooms | 80 | 60 | -25.0% |
| 4 Bedrooms | 29 | 26 | -10.3% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Wooster 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 6.9%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 29 | -47.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wooster, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Wooster in November 2024, down by 47.3% month-over-month. Of the 29 sold homes, 55% were sold under asking, 14% were sold at asking, and 31% were sold over asking.
Days on Market for Wooster, OH
How long does it take to sell a home in Wooster, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 38 Days | -17.6% |
Summary: Homes in Wooster had an average of 38 days on market in Nov 2024, down by 17.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wooster are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 29 homes were sold in Wooster; 52% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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