Is Bowling Green, 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, Bowling Green has remained a Seller's Market.
Key Takeaway
Bowling Green is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bowling Green, OH
How much do homes in Bowling Green, OH cost?
Median Sold Price
$255,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bowling Green have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Bowling Green was $255,000 in March 2024, up 6.5% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69K | $120K | +73.9% |
| 2 Bedrooms | $163K | $211K | +29.4% |
| 3 Bedrooms | $230K | $240K | +4.3% |
| 4 Bedrooms | $317.5K | $312.6K | -1.5% |
| 5+ Bedrooms | $267.6K | $396K | +48.0% |
Summary: Bowling Green housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 73.9%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 48%.
Housing Supply in Bowling Green, OH
How many homes are available in Bowling Green, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 49 | -5.8% |
Summary: The Bowling Green real estate market had 49 homes for sale in March 2024, a 5.8% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 23 | 21 | -8.7% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Bowling Green housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 13 | 21 | +61.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bowling Green, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Bowling Green in March 2024, up by 61.5% month-over-month. Of the 20 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for Bowling Green, OH
How long does it take to sell a home in Bowling Green, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 47 Days | -13.1% |
Summary: Homes in Bowling Green had an average of 47 days on market in Mar 2024, down by 13.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bowling Green has remained consistent over time.
Summary: During March 2024, 21 homes were sold in Bowling Green; 19% of homes were sold within 30 days, 76% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.