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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellevue is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Bellevue, OH

How much do homes in Bellevue, OH cost?

Median Sold Price

$165,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,550(+11.1%)

Key Takeaway

Homes in Bellevue have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Bellevue was $165,000 in April 2024, up 11.1% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$105K
N/A
2 $121K$131K
+8.3%
3 $146K$161.7K
+10.8%
4 $181.2K$205K
+13.1%
5+ $256K$165K
-35.5%

Summary: Bellevue housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 13.1%, and 5+ bedroom homes decreased by 35.5%.

Median Sold Price Compared To Nearby Cities

Bellevue
+13.8%
Bellevue
+11.1%

Housing Supply in Bellevue, OH

How many homes are available in Bellevue, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2729+7.4%

Summary: The Bellevue real estate market had 29 homes for sale in April 2024, a 7.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1411
-21.4%
4 59
+80.0%
5+ 24
+100.0%

Summary: The Bellevue 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 20%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellevue, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Bellevue in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.

Days on Market for Bellevue, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
33 Days84 Days+156.6%

Summary: Homes in Bellevue had an average of 84 days on market in Apr 2024, up by 156.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 9 homes were sold in Bellevue; 11% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 44% 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 10 Days Ago

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