Is Berlin Center, 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, Berlin Center has remained a Seller's Market.
Key Takeaway
Berlin Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Berlin Center, OH
How much do homes in Berlin Center, OH cost?
Median Sold Price
$297,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Berlin Center have sold for 26.8% more than they did a year ago.
Summary: The median home sold price in Berlin Center was $297,000 in March 2024, up 26.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $140K | -6.7% |
| 3 Bedrooms | $231K | $283.5K | +22.7% |
| 4 Bedrooms | $460K | $405K | -12.0% |
| 5+ Bedrooms | $1.4M | $675K | -53.4% |
Summary: Berlin Center 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 decreased by 6.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 53.4%.
Median Sold Price Compared To Nearby Cities
| Berlin Center | $234.2K | $297K | +26.8% |
| Berlin Township | $220K | $272K | +23.6% |
| Lake Milton | $199K | $210K | +5.5% |
| North Jackson | $206.5K | $185K | -10.4% |
Housing Supply in Berlin Center, OH
How many homes are available in Berlin Center, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Berlin Center real estate market had 10 homes for sale in March 2024, a 11.1% 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Berlin Center 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Berlin Center, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Berlin Center in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Berlin Center, OH
How long does it take to sell a home in Berlin Center, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 19 Days | -34.5% |
Summary: Homes in Berlin Center had an average of 19 days on market in Mar 2024, down by 34.5% compared to last year.
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
Key Takeaway
Many homes in Berlin Center are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Berlin Center; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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