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 February 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

$342,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$72,000(+26.7%)

Key Takeaway

Homes in Bellbrook have sold for 26.7% more than they did a year ago.

Summary: The median home sold price in Bellbrook was $342,000 in February 2024, up 26.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $287K$269.9K
-6.0%
3 $235K$276.5K
+17.7%
4 $349.9K$455K
+30.0%
5+ $360K$570K
+58.3%

Summary: Bellbrook housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 58.3%.

Median Sold Price Compared To Nearby Cities

Bellbrook
+26.7%
Centerville
+13.2%
Washington Township
+10.1%
Sugarcreek Township
+1.0%

Housing Supply in Bellbrook, OH

How many homes are available in Bellbrook, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2627+3.8%

Summary: The Bellbrook real estate market had 27 homes for sale in February 2024, a 3.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 1719
+11.8%
5+ 22
0.0%

Summary: The Bellbrook housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellbrook, expect to pay close to the asking price. 76.9% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in Bellbrook in February 2024, up by 44.4% month-over-month. Of the 13 sold homes, 23% were sold under asking, 77% were sold at asking, and 0% 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

Feb 2023Feb 2024CHANGE
53 Days81 Days+52.5%

Summary: Homes in Bellbrook had an average of 81 days on market in Feb 2024, up by 52.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

9 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 February 2024, 13 homes were sold in Bellbrook; 15% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 15% 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 18 Days Ago

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