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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cedarville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cedarville was a Neutral Market.

Key Takeaway

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

Housing Prices in Cedarville, OH

How much do homes in Cedarville, OH cost?

Median Sold Price

$273,500

$111/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$28,500(+11.6%)

Key Takeaway

Homes in Cedarville have sold for 11.6% more than they did a month ago.

Summary: The median home sold price in Cedarville was $273,500 in March 2024, up 11.6% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $245K$67K
-72.7%
4 -$480K
N/A
5+ --
N/A

Summary: Cedarville 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 decreased by 72.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedarville
+11.6%
Cedarville Township
+11.6%

Housing Supply in Cedarville, OH

How many homes are available in Cedarville, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
67+16.7%

Summary: The Cedarville real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 33
0.0%
5+ 00
0.0%

Summary: The Cedarville 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 increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Cedarville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cedarville in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Cedarville, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
41 Days33 Days-18.3%

Summary: Homes in Cedarville had an average of 33 days on market in Mar 2024, down by 18.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were 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 Cedarville has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Cedarville; 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 22 Days Ago

Newest Listings in Cedarville, OH

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