Is Bellefontaine, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bellefontaine was a Neutral Market.
Key Takeaway
Bellefontaine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellefontaine, OH
How much do homes in Bellefontaine, OH cost?
Median Sold Price
$219,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bellefontaine have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Bellefontaine was $219,000 in May 2024, up 6.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $22K | N/A |
| 2 Bedrooms | $184K | $185K | 0.5% |
| 3 Bedrooms | $197.2K | $224.9K | +14.0% |
| 4 Bedrooms | $245K | $285K | +16.3% |
| 5+ Bedrooms | $445K | $325K | -27.0% |
Summary: Bellefontaine 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 increased by 0.5%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $272.5K | $315K | +15.6% |
| Lake Township | $190.5K | $205K | +7.6% |
| Bellefontaine | $205.5K | $219K | +6.6% |
| Jefferson Township | $205.4K | $209K | +1.7% |
Housing Supply in Bellefontaine, OH
How many homes are available in Bellefontaine, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 50 | 56 | +12.0% |
Summary: The Bellefontaine real estate market had 56 homes for sale in May 2024, a 12.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Bellefontaine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 18 | +63.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellefontaine, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Bellefontaine in May 2024, up by 63.6% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for Bellefontaine, OH
How long does it take to sell a home in Bellefontaine, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 29 Days | +136.4% |
Summary: Homes in Bellefontaine had an average of 29 days on market in May 2024, up by 136.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bellefontaine are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Bellefontaine; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved