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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Caledonia is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Caledonia, OH

How much do homes in Caledonia, OH cost?

Median Sold Price

$155,500

$150/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$65,600(+73.0%)

Key Takeaway

Homes in Caledonia have sold for 73% more than they did a month ago.

Summary: The median home sold price in Caledonia was $155,500 in March 2024, up 73% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $76.2K-
N/A
3 -$155.5K
N/A
4 $500K-
N/A
5+ --
N/A

Summary: Caledonia housing prices by bedroom type for March 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.

Housing Supply in Caledonia, OH

How many homes are available in Caledonia, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
64-33.3%

Summary: The Caledonia real estate market had 4 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 23
+50.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Caledonia 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 decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
31-66.7%

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 Caledonia, 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 Caledonia in March 2024, down by 66.7% 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 Caledonia, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
124 Days9 Days-92.8%

Summary: Homes in Caledonia had an average of 9 days on market in Mar 2024, down by 92.8% 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 Caledonia are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Caledonia; 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 25 Days Ago

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