Is Berlin Center, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berlin Center is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Berlin Center was a Seller's Market.

Key Takeaway

Berlin Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Berlin Center, OH

How much do homes in Berlin Center, OH cost?

Median Sold Price

$50,000

-

Based on all homes sold in February 2024.

Difference Since Last Month

-$291,000(-85.3%)

Key Takeaway

Homes in Berlin Center have sold for 85.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 -$50K
N/A
3 $337K-
N/A
4 $373K-
N/A
5+ --
N/A

Summary: Berlin Center housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berlin Center
-85.3%
Berlin Township
-86.6%

Housing Supply in Berlin Center, OH

How many homes are available in Berlin Center, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
79+28.6%

Summary: The Berlin Center real estate market had 9 homes for sale in February 2024, a 28.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 11
0.0%
4 33
0.0%
5+ 33
0.0%

Summary: The Berlin Center housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berlin Center, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Berlin Center in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Jan 2024Feb 2024CHANGE
23 Days7 Days-69.6%

Summary: Homes in Berlin Center had an average of 7 days on market in Feb 2024, down by 69.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Berlin Center; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Berlin Center, OH

Nearby Markets to Berlin Center, OH

What housing markets are near Berlin Center, OH?