Is Bellefontaine, 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, Bellefontaine has remained a Seller's Market.
Housing Prices in Bellefontaine, OH
How much do homes in Bellefontaine, OH cost?
Median Sold Price
$219,450
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bellefontaine was $219,450 in March 2024, up 15.5% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $22K | N/A |
2 Bedrooms | $160.2K | $189K | +17.9% |
3 Bedrooms | $184.9K | $225K | +21.7% |
4 Bedrooms | $200.5K | $315K | +57.1% |
5+ Bedrooms | $461K | $325K | -29.5% |
Summary: Bellefontaine 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 17.9%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 29.5%.
Median Sold Price Compared To Nearby Cities
Bellefontaine | $190K | $219.4K | +15.5% |
Lake Township | $189.9K | $202.5K | +6.6% |
Jefferson Township | $210K | $207K | -1.4% |
Housing Supply in Bellefontaine, OH
How many homes are available in Bellefontaine, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 53 | +8.2% |
Summary: The Bellefontaine real estate market had 53 homes for sale in March 2024, a 8.2% 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 | 10 | 11 | +10.0% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bellefontaine 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 10%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 13 | +85.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Bellefontaine in March 2024, up by 85.7% month-over-month. Of the 13 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% were sold over asking.
Days on Market for Bellefontaine, OH
How long does it take to sell a home in Bellefontaine, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 31 Days | -22.8% |
Summary: Homes in Bellefontaine had an average of 31 days on market in Mar 2024, down by 22.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in Bellefontaine; 69% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.