Is South Bloomfield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Bloomfield has remained a Seller's Market.
Housing Prices in South Bloomfield, OH
How much do homes in South Bloomfield, OH cost?
Median Sold Price
$306,065
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Bloomfield was $306,065 in April 2024, down 4.3% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $40K | $85K | +112.5% |
3 Bedrooms | $307.9K | $280K | -9.1% |
4 Bedrooms | $350.7K | $342.4K | -2.4% |
5+ Bedrooms | - | - | N/A |
Summary: South Bloomfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 112.5%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Ashville | $316.7K | $340K | +7.3% |
Lockbourne | $286.4K | $287.5K | 0.4% |
Harrison Township | $310.6K | $306K | -1.5% |
South Bloomfield | $319.9K | $306K | -4.3% |
Housing Supply in South Bloomfield, OH
How many homes are available in South Bloomfield, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Summary: The South Bloomfield real estate market had 28 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Bloomfield 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 increased by 50%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in South Bloomfield in April 2024, up by 200.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for South Bloomfield, OH
How long does it take to sell a home in South Bloomfield, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 79 Days | +59.0% |
Summary: Homes in South Bloomfield had an average of 79 days on market in Apr 2024, up by 59% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in South Bloomfield; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.