Is Ohio, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ohio is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Ohio has remained a Seller's Market.

Key Takeaway

Ohio is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ohio, IL

How much do homes in Ohio, IL cost?

Median Sold Price

$68,000

$78/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$65,000(-48.9%)

Key Takeaway

Homes in Ohio have sold for 48.9% less than they did a month ago.

Summary: The median home sold price in Ohio was $68,000 in April 2024, down 48.9% from last month, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $133K$68K
-48.9%
4 --
N/A
5+ --
N/A

Summary: Ohio housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Ohio
-48.9%
Ohio Township
-48.9%

Housing Supply in Ohio, IL

How many homes are available in Ohio, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
21-50.0%

Summary: The Ohio real estate market had 1 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Ohio housing inventory by bedroom type for April 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ohio, 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 Ohio in April 2024, the same as the previous 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 Ohio, IL

How long does it take to sell a home in Ohio, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
73 Days3 Days-95.9%

Summary: Homes in Ohio had an average of 3 days on market in Apr 2024, down by 95.9% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ohio are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Ohio; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Ohio, IL

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