Is Avon, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Avon has remained a Seller's Market.

Key Takeaway

Avon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Avon, OH cost?

Median Sold Price

$383,000

$148/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since September 2021.

Key Takeaway

The sold price of homes in Avon has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $249K$225K
-9.6%
3 $291.7K$313K
+7.3%
4 $455K$470K
+3.3%
5+ $585K$642.6K
+9.8%

Median Sold Price Compared To Nearby Cities

Sheffield
+32.8%
North Ridgeville
+13.0%
Westlake
+8.6%
Avon
0.0%
Avon Lake
-0.4%

How many homes are available in Avon, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
9481-13.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 129
-25.0%
3 3228
-12.5%
4 4640
-13.0%
5+ 44
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
3821-44.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
20 Days30 Days+43.9%

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Avon are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Avon, OH

Homes for sale in Avon, OH have reached 81. In September 2022 in Avon, OH there were 13.8% less homes for sale than in August 2022. While the average time on the market in September 2022 was 30 days, the median list price was $383,000. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 9.6% more cheaper, prices of 3 bedrooms properties went up by 7.3%, the cost of 4 bedrooms properties went up by 3.3%, the cost of 5 bedrooms properties went up by 9.8%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 25%, number of 3 bedrooms homes decreased by 12.5%, the quantity of 4 bedrooms homes went down by 13%, 5 bedrooms homes inventory did not change. In September 2022 more than 10 listings in Avon, OH were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below.

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