Is Brady Lake, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brady Lake is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Brady Lake has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brady Lake, OH

How much do homes in Brady Lake, OH cost?

Median Sold Price

$139,900

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$200(-0.1%)

Key Takeaway

The sold price of homes in Brady Lake has remained the same since last year.

Summary: The median home sold price in Brady Lake was $139,900 in March 2024, down 0.1% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $130K$137K
+5.4%
3 $207.6K$139.9K
-32.6%
4 --
N/A
5+ --
N/A

Summary: Brady Lake 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 increased by 5.4%, 3 bedroom homes decreased by 32.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Franklin Township
+1.9%
Brady Lake
-0.1%

Housing Supply in Brady Lake, OH

How many homes are available in Brady Lake, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
110.0%

Summary: The Brady Lake real estate market had 1 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Brady Lake 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were 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 Brady Lake, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Brady Lake in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Brady Lake, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days20 Days+1.7%

Summary: Homes in Brady Lake had an average of 20 days on market in Mar 2024, up by 1.7% compared to last year.

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 Brady Lake are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Brady Lake; 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 24 Days Ago

Newest Listings in Brady Lake, OH