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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cadiz is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Cadiz was a Neutral Market.

Key Takeaway

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

Housing Prices in Cadiz, OH

How much do homes in Cadiz, OH cost?

Median Sold Price

$106,000

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$11,000(+11.6%)

Key Takeaway

Homes in Cadiz have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Cadiz was $106,000 in February 2024, up 11.6% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $40K-
N/A
2 $50K$115K
+130.0%
3 $126.7K$90K
-29.0%
4 $66.7K$175K
+162.2%
5+ $250K$145K
-42.0%

Summary: Cadiz housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 130%, 3 bedroom homes decreased by 29%, 4 bedroom homes increased by 162.2%, and 5+ bedroom homes decreased by 42%.

Median Sold Price Compared To Nearby Cities

Cadiz
+11.6%
Cadiz Township
+11.6%
Green Township
-12.6%

Housing Supply in Cadiz, OH

How many homes are available in Cadiz, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
12120.0%

Summary: The Cadiz real estate market had 12 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 00
0.0%
3 87
-12.5%
4 23
+50.0%
5+ 00
0.0%

Summary: The Cadiz 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

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 Cadiz, 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 Cadiz in February 2024, the same as the previous 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 Cadiz, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
58 Days70 Days+19.7%

Summary: Homes in Cadiz had an average of 70 days on market in Feb 2024, up by 19.7% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Cadiz has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Cadiz; 0% of homes were sold within 30 days, 100% 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 27 Days Ago

Newest Listings in Cadiz, OH

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