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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellbrook is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Bellbrook, OH

How much do homes in Bellbrook, OH cost?

Median Sold Price

$370,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$100,000(+37.0%)

Key Takeaway

Homes in Bellbrook have sold for 37% more than they did a year ago.

Summary: The median home sold price in Bellbrook was $370,000 in March 2024, up 37% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $278.5K$265.7K
-4.6%
3 $239.9K$276.5K
+15.2%
4 $340K$455K
+33.8%
5+ $360K$570K
+58.3%

Summary: Bellbrook 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 4.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes increased by 58.3%.

Median Sold Price Compared To Nearby Cities

Bellbrook
+37.0%
Washington Township
+10.7%
Centerville
+9.8%
Sugarcreek Township
+6.2%

Housing Supply in Bellbrook, OH

How many homes are available in Bellbrook, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2824-14.3%

Summary: The Bellbrook real estate market had 24 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 76
-14.3%
4 1913
-31.6%
5+ 23
+50.0%

Summary: The Bellbrook 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 increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
139-30.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellbrook, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Bellbrook in March 2024, down by 30.8% month-over-month. Of the 9 sold homes, 33% were sold under asking, 11% were sold at asking, and 56% were sold over asking.

Days on Market for Bellbrook, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days81 Days+52.8%

Summary: Homes in Bellbrook had an average of 81 days on market in Mar 2024, up by 52.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Bellbrook; 11% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 22% 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 24 Days Ago

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