Is Senecaville, 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, Senecaville was a Seller's Market.
Key Takeaway
Senecaville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Senecaville, OH
How much do homes in Senecaville, OH cost?
Median Sold Price
$272,500
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Senecaville have sold for 17.5% more than they did a year ago.
Summary: The median home sold price in Senecaville was $272,500 in May 2024, up 17.5% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $188.2K | $117K | -37.9% |
| 2 Bedrooms | $447K | $220K | -50.8% |
| 3 Bedrooms | $237.5K | $187K | -21.3% |
| 4 Bedrooms | $232K | $429.9K | +85.3% |
| 5+ Bedrooms | - | $545.9K | N/A |
Summary: Senecaville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.9%, 2 bedroom homes decreased by 50.8%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 85.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Senecaville | $232K | $272.5K | +17.5% |
| Richland Township | $213.5K | $187K | -12.4% |
Housing Supply in Senecaville, OH
How many homes are available in Senecaville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 22 | +22.2% |
Summary: The Senecaville real estate market had 22 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 1 | 5 | +400.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Senecaville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Senecaville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Senecaville in May 2024, down by 71.4% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Senecaville, OH
How long does it take to sell a home in Senecaville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 141 Days | 52 Days | -63.1% |
Summary: Homes in Senecaville had an average of 52 days on market in May 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Senecaville has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Senecaville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.