Is Belmont County, 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, Belmont County has remained a Seller's Market.
Key Takeaway
Belmont County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Belmont County, OH
How much do homes in Belmont County, OH cost?
Median Sold Price
$144,433
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Belmont County have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Belmont County was $144,433 in March 2024, up 3.9% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $64.9K | +116.3% |
| 2 Bedrooms | $102.5K | $90K | -12.2% |
| 3 Bedrooms | $147.5K | $155K | +5.1% |
| 4 Bedrooms | $198K | $225K | +13.6% |
| 5+ Bedrooms | $277.5K | $290K | +4.5% |
Summary: Belmont County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.3%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Counties
| Belmont County | $139K | $144.4K | +3.9% |
| Jefferson County | $129K | $130.1K | +0.9% |
| Harrison County | $139.2K | $137.4K | -1.3% |
Housing Supply in Belmont County, OH
How many homes are available in Belmont County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 187 | 211 | +12.8% |
Summary: The Belmont County real estate market had 211 homes for sale in March 2024, a 12.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 4 | +100.0% |
| 2 Bedrooms | 47 | 50 | +6.4% |
| 3 Bedrooms | 103 | 118 | +14.6% |
| 4 Bedrooms | 30 | 33 | +10.0% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Belmont County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 43 | +19.4% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belmont County, you may be able to get a good deal. 79.1% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Belmont County in March 2024, up by 19.4% month-over-month. Of the 43 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% were sold over asking.
Days on Market for Belmont County, OH
How long does it take to sell a home in Belmont County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 89 Days | 105 Days | +19.0% |
Summary: Homes in Belmont County had an average of 105 days on market in Mar 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Belmont County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 43 homes were sold in Belmont County; 16% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 49% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.