Is Bellaire, 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, Bellaire has remained a Seller's Market.
Key Takeaway
Bellaire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellaire, OH
How much do homes in Bellaire, OH cost?
Median Sold Price
$75,000
$66/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bellaire have sold for 34.8% less than they did a year ago.
Summary: The median home sold price in Bellaire was $75,000 in March 2024, down 34.8% from last year, and the median price per square foot was $66.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $75K | N/A |
| 2 Bedrooms | $119.9K | $62.9K | -47.5% |
| 3 Bedrooms | $116.2K | $113.5K | -2.4% |
| 4 Bedrooms | $76.5K | $78.5K | +2.6% |
| 5+ Bedrooms | $50K | $67K | +34.0% |
Summary: Bellaire 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 decreased by 47.5%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Cities
| Pultney Township | $116.2K | $79.7K | -31.4% |
| Bellaire | $115K | $75K | -34.8% |
Housing Supply in Bellaire, OH
How many homes are available in Bellaire, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 26 | +8.3% |
Summary: The Bellaire real estate market had 26 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bellaire housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 27.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellaire, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Bellaire in March 2024, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bellaire, OH
How long does it take to sell a home in Bellaire, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 131 Days | +437.4% |
Summary: Homes in Bellaire had an average of 131 days on market in Mar 2024, up by 437.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bellaire are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 6 homes were sold in Bellaire; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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