Is Moraine, 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, Moraine has remained a Seller's Market.
Key Takeaway
Moraine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moraine, OH
How much do homes in Moraine, OH cost?
Median Sold Price
$163,950
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Moraine have sold for 20.3% more than they did a year ago.
Summary: The median home sold price in Moraine was $163,950 in May 2024, up 20.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | - | N/A |
| 2 Bedrooms | $92K | $102.7K | +11.7% |
| 3 Bedrooms | $145.1K | $170K | +17.1% |
| 4 Bedrooms | $213.4K | $275K | +28.8% |
| 5+ Bedrooms | - | $342.5K | N/A |
Summary: Moraine 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 11.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moraine | $136.2K | $163.9K | +20.3% |
| West Carrollton | $150K | $165K | +10.0% |
| Kettering | $219.8K | $229.7K | +4.5% |
| Miami Township | $225.4K | $226.2K | 0.4% |
| Jefferson Township | $165K | $165K | 0.0% |
Housing Supply in Moraine, OH
How many homes are available in Moraine, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Moraine real estate market had 17 homes for sale in May 2024, a 21.4% increase 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Moraine 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 increased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moraine, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Moraine in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Moraine, OH
How long does it take to sell a home in Moraine, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 38 Days | 60 Days | +58.5% |
Summary: Homes in Moraine had an average of 60 days on market in May 2024, up by 58.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Moraine has remained consistent over time.
Summary: During May 2024, 6 homes were sold in Moraine; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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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.