Is Laurelville, 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, Laurelville was a Seller's Market.
Key Takeaway
Laurelville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Laurelville, OH
How much do homes in Laurelville, OH cost?
Median Sold Price
$436,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Laurelville have sold for 51.4% more than they did a year ago.
Summary: The median home sold price in Laurelville was $436,000 in May 2024, up 51.4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $389K | - | N/A |
| 2 Bedrooms | $272.5K | $600K | +120.2% |
| 3 Bedrooms | $240K | $320K | +33.3% |
| 4 Bedrooms | $344.5K | $463.5K | +34.5% |
| 5+ Bedrooms | - | $573.5K | N/A |
Summary: Laurelville 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 120.2%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Laurelville | $288K | $436K | +51.4% |
| Perry Township | $250K | $279K | +11.6% |
Housing Supply in Laurelville, OH
How many homes are available in Laurelville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 14 | -17.6% |
Summary: The Laurelville real estate market had 14 homes for sale in May 2024, a 17.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Laurelville 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 decreased by 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laurelville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Laurelville in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Laurelville, OH
How long does it take to sell a home in Laurelville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 71 Days | 116 Days | +64.1% |
Summary: Homes in Laurelville had an average of 116 days on market in May 2024, up by 64.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Laurelville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Laurelville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved