Is Ashland, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Ashland has remained a Seller's Market.
Key Takeaway
Ashland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashland, OH
How much do homes in Ashland, OH cost?
Median Sold Price
$180,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Ashland have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Ashland was $180,000 in November 2023, up 14.3% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $118.5K | - | N/A |
| 2 Bedrooms | $87.5K | $140K | +60.0% |
| 3 Bedrooms | $147.5K | $180K | +22.0% |
| 4 Bedrooms | $249.9K | $255K | +2.0% |
| 5+ Bedrooms | $198.5K | $171.5K | -13.6% |
Summary: Ashland housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Ashland | $157.4K | $180K | +14.3% |
| Montgomery Township | $526.3K | $580K | +10.2% |
Housing Supply in Ashland, OH
How many homes are available in Ashland, OH?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 36 | 29 | -19.4% |
Summary: The Ashland real estate market had 29 homes for sale in November 2023, a 19.4% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 9 | 5 | -44.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ashland housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 16 | 6 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashland, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Ashland in November 2023, down by 62.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Ashland, OH
How long does it take to sell a home in Ashland, OH?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 67 Days | 25 Days | -62.8% |
Summary: Homes in Ashland had an average of 25 days on market in Nov 2023, down by 62.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ashland are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 6 homes were sold in Ashland; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% 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.