Is West Carrollton, 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, West Carrollton has remained a Seller's Market.
Key Takeaway
West Carrollton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Carrollton, OH
How much do homes in West Carrollton, OH cost?
Median Sold Price
$165,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in West Carrollton have sold for 10% more than they did a year ago.
Summary: The median home sold price in West Carrollton was $165,000 in May 2024, up 10% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47K | $75K | +59.6% |
| 2 Bedrooms | $101.6K | $112.4K | +10.7% |
| 3 Bedrooms | $165K | $175K | +6.1% |
| 4 Bedrooms | $225K | $215K | -4.4% |
| 5+ Bedrooms | $155K | $241K | +55.5% |
Summary: West Carrollton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.6%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 55.5%.
Median Sold Price Compared To Nearby Cities
| Moraine | $136.2K | $163.9K | +20.3% |
| West Carrollton | $150K | $165K | +10.0% |
| Miami Township | $225.4K | $226.2K | 0.4% |
| Miamisburg | $231.7K | $231.6K | -0.1% |
Housing Supply in West Carrollton, OH
How many homes are available in West Carrollton, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The West Carrollton real estate market had 40 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The West Carrollton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Carrollton, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in West Carrollton in May 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.
Days on Market for West Carrollton, OH
How long does it take to sell a home in West Carrollton, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 66 Days | 28 Days | -57.1% |
Summary: Homes in West Carrollton had an average of 28 days on market in May 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Carrollton has remained consistent over time.
Summary: During May 2024, 13 homes were sold in West Carrollton; 38% of homes were sold within 30 days, 62% 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.