Is Bellaire-Puritas, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellaire-Puritas is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bellaire-Puritas has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bellaire-Puritas, OH

How much do homes in Bellaire-Puritas, OH cost?

Median Sold Price

$127,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,000(+10.4%)

Key Takeaway

Homes in Bellaire-Puritas have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Bellaire-Puritas was $127,000 in April 2024, up 10.4% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $78.2K$75K
-4.1%
2 $90.8K$105K
+15.6%
3 $125K$139.9K
+11.9%
4 $148.5K$147.4K
-0.7%
5+ $165K$140K
-15.2%

Summary: Bellaire-Puritas housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 11.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 15.2%.

Median Sold Price Compared To Nearby Neighborhoods

Bellaire-Puritas
+10.4%
Liberty
-3.0%

Housing Supply in Bellaire-Puritas, OH

How many homes are available in Bellaire-Puritas, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5550-9.1%

Summary: The Bellaire-Puritas real estate market had 50 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 3330
-9.1%
4 58
+60.0%
5+ 11
0.0%

Summary: The Bellaire-Puritas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellaire-Puritas, you could pay more than the asking price. 47.4% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Bellaire-Puritas in April 2024, up by 18.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.

Days on Market for Bellaire-Puritas, OH

How long does it take to sell a home in Bellaire-Puritas, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days33 Days+21.0%

Summary: Homes in Bellaire-Puritas had an average of 33 days on market in Apr 2024, up by 21% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in Bellaire-Puritas; 63% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% 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 2 Days Ago

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