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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beloit is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Beloit has remained a Seller's Market.

Key Takeaway

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

How much do homes in Beloit, OH cost?

Median Sold Price

$321,750

$165/sqft

Based on all homes sold in May 2023.

Difference Since Last Month

+$137,250(+74.4%)

Key Takeaway

Homes in Beloit have sold for 74.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2023May 2023%
1 --
N/A
2 --
N/A
3 $174K$321.7K
+84.9%
4 $174K-
N/A
5+ $290K-
N/A

How many homes are available in Beloit, OH?

Number of Homes For Sale

Apr 2023May 2023%
109-10.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 02
+100.0%
3 32
-33.3%
4 43
-25.0%
5+ 32
-33.3%

Number of Homes Sold

Apr 2023May 2023%
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beloit, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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

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

Average Sale Time

Apr 2023May 2023%
37 Days18 Days-51.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beloit are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Beloit, OH

Homes for sale in Beloit, OH have reached 9. The number of listings in Beloit, OH decreased by 10% between April 2023 and May 2023. While the average time on the market in May 2023 was 18 days, the median list price was $321,750. Between May 2022 and May 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties increased by 84.9%, 4 bedrooms properties prices increased by 0%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 100%, the quantity of 3 bedrooms homes went down by 33.3%, volume of 4 bedrooms homes went down by 25%, volume of 5 bedrooms homes went down by 33.3%. Beloit, OH housing market in May 2023 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.