Is Archbold, 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, Archbold has remained a Seller's Market.
Housing Prices in Archbold, OH
How much do homes in Archbold, OH cost?
Median Sold Price
$195,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Archbold was $195,000 in April 2024, up 14.4% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $186K | +9.4% |
3 Bedrooms | $172.5K | $195K | +13.0% |
4 Bedrooms | $162.5K | $262.5K | +61.5% |
5+ Bedrooms | - | $255K | N/A |
Summary: Archbold 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 9.4%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 61.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Archbold | $170.5K | $195K | +14.4% |
German Township | $172K | $195K | +13.4% |
Housing Supply in Archbold, OH
How many homes are available in Archbold, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 17 | +6.3% |
Summary: The Archbold real estate market had 17 homes for sale in April 2024, a 6.3% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Archbold 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 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Archbold in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Archbold, OH
How long does it take to sell a home in Archbold, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
61 Days | 54 Days | -10.9% |
Summary: Homes in Archbold had an average of 54 days on market in Apr 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Archbold; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.