Is LaGrange, 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, LaGrange has remained a Seller's Market.
Housing Prices in LaGrange, OH
How much do homes in LaGrange, OH cost?
Median Sold Price
$261,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in LaGrange was $261,000 in May 2024, up 0.4% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $330K | +50.0% |
3 Bedrooms | $243.5K | $277K | +13.8% |
4 Bedrooms | $379.9K | $254.7K | -32.9% |
5+ Bedrooms | $384.9K | $135.5K | -64.8% |
Summary: LaGrange 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 50%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 32.9%, and 5+ bedroom homes decreased by 64.8%.
Median Sold Price Compared To Nearby Cities
LaGrange | $260K | $261K | 0.4% |
LaGrange Township | $265K | $260.2K | -1.8% |
Housing Supply in LaGrange, OH
How many homes are available in LaGrange, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Summary: The LaGrange real estate market had 28 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 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The LaGrange 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 10.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 10 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in LaGrange in May 2024, up by 100.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 60% were sold at asking, and 30% were sold over asking.
Days on Market for LaGrange, OH
How long does it take to sell a home in LaGrange, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 67 Days | +36.3% |
Summary: Homes in LaGrange had an average of 67 days on market in May 2024, up by 36.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in LaGrange; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.