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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blanchester is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Blanchester, OH cost?

Median Sold Price

$185,551

$125/sqft

Based on all homes sold in October 2022.

Difference Since Last Month

-$31,949(-14.7%)

Key Takeaway

Homes in Blanchester have sold for 14.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2022Oct 2022%
1 --
N/A
2 --
N/A
3 $210K$162.1K
-22.8%
4 -$275K
N/A
5+ $245K-
N/A

Median Sold Price Compared To Nearby Cities

Harlan Township
+44.2%
Marion Township
-2.4%
Blanchester
-14.7%

How many homes are available in Blanchester, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
23230.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 02
+100.0%
3 2018
-10.0%
4 12
+100.0%
5+ 21
-50.0%

Number of Homes Sold

Sep 2022Oct 2022%
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Sep 2022Oct 2022%
16 Days17 Days+5.6%

Breakdown of Home Sale Times

5 Homes Were 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 Blanchester 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 Blanchester, OH

Blanchester, OH has 23 homes for sale to choose from. While the average time on the market in October 2022 was 17 days, the median list price was $185,551. Between October 2021 and October 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties decreased by 22.8%, prices of 4 bedrooms properties increased by 0%, prices of 5 bedrooms properties went up by 0%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 100%, volume of 3 bedrooms homes went down by 10%, 4 bedrooms homes inventory increased by 100%, 5 bedrooms homes became 50% less available. Over 1 listings were sold over their listed price in October 2022 in Blanchester, OH. In the same period over 3 listings were sold below the listed price and 2 listings were sold for the listed price.