Is Creston, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Creston has remained a Seller's Market.
Key Takeaway
Creston is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Creston, OH
How much do homes in Creston, OH cost?
Median Sold Price
$200,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Creston have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Creston was $200,000 in May 2024, up 8.1% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $108K | N/A |
| 2 Bedrooms | $90K | $60K | -33.3% |
| 3 Bedrooms | $195K | $220K | +12.8% |
| 4 Bedrooms | $268.7K | $251K | -6.6% |
| 5+ Bedrooms | $184.5K | - | N/A |
Summary: Creston housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Canaan Township | $184.7K | $199.9K | +8.2% |
| Creston | $185K | $200K | +8.1% |
| Westfield Township | $309K | $306.2K | -0.9% |
Housing Supply in Creston, OH
How many homes are available in Creston, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Summary: The Creston real estate market had 5 homes for sale in May 2024, a 44.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Creston housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 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 Creston, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Creston in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Creston, OH
How long does it take to sell a home in Creston, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 128 Days | 4 Days | -96.9% |
Summary: Homes in Creston had an average of 4 days on market in May 2024, down by 96.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Creston are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Creston; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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