Is Ashtabula County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Ashtabula County has remained a Seller's Market.
Key Takeaway
Ashtabula County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashtabula County, OH
How much do homes in Ashtabula County, OH cost?
Median Sold Price
$155,443
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ashtabula County have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Ashtabula County was $155,443 in March 2024, up 3.7% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $93K | +31.0% |
| 2 Bedrooms | $115K | $125K | +8.7% |
| 3 Bedrooms | $156.6K | $159.9K | +2.1% |
| 4 Bedrooms | $175K | $183.7K | +5.0% |
| 5+ Bedrooms | $165K | $187K | +13.3% |
Summary: Ashtabula County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Counties
| Lake County | $198.9K | $214.8K | +8.0% |
| Ashtabula County | $149.9K | $155.4K | +3.7% |
| Geauga County | $330K | $340K | +3.0% |
Housing Supply in Ashtabula County, OH
How many homes are available in Ashtabula County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 242 | 262 | +8.3% |
Summary: The Ashtabula County real estate market had 262 homes for sale in March 2024, a 8.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 34 | 40 | +17.6% |
| 3 Bedrooms | 130 | 134 | +3.1% |
| 4 Bedrooms | 54 | 65 | +20.4% |
| 5+ Bedrooms | 21 | 19 | -9.5% |
Summary: The Ashtabula County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 9.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 50 | +11.1% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashtabula County, you may be able to get a good deal. 66% of homes here sold below asking price last month.
Summary: A total of 50 homes were sold or pending in Ashtabula County in March 2024, up by 11.1% month-over-month. Of the 50 sold homes, 66% were sold under asking, 12% were sold at asking, and 22% were sold over asking.
Days on Market for Ashtabula County, OH
How long does it take to sell a home in Ashtabula County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 67 Days | -2.6% |
Summary: Homes in Ashtabula County had an average of 67 days on market in Mar 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Ashtabula County has remained consistent over time.
Summary: During March 2024, 50 homes were sold in Ashtabula County; 30% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
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.