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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Batavia is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Batavia, OH

How much do homes in Batavia, OH cost?

Median Sold Price

$276,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,500(+11.5%)

Key Takeaway

Homes in Batavia have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Batavia was $276,000 in March 2024, up 11.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$63K
N/A
2 $175K$217.5K
+24.3%
3 $238.7K$276K
+15.6%
4 $374.9K$349.5K
-6.8%
5+ -$500K
N/A

Summary: Batavia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.3%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes did not change.

Housing Supply in Batavia, OH

How many homes are available in Batavia, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1210-16.7%

Summary: The Batavia real estate market had 10 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 65
-16.7%
4 11
0.0%
5+ 11
0.0%

Summary: The Batavia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Batavia, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Batavia in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Batavia, OH

How long does it take to sell a home in Batavia, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days78 Days+173.9%

Summary: Homes in Batavia had an average of 78 days on market in Mar 2024, up by 173.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Batavia has remained consistent over time.

Summary: During March 2024, 3 homes were sold in Batavia; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

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

Report Updated 26 Days Ago

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