Is City Acres, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing City Acres is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in City Acres, OH

How much do homes in City Acres, OH cost?

Median Sold Price

$128,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

+$20,000(+18.5%)

Key Takeaway

Homes in City Acres have sold for 18.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $108K$128K
+18.5%
4 --
N/A
5+ --
N/A

Summary: City Acres housing prices by bedroom type for April 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 increased by 18.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in City Acres, OH

How many homes are available in City Acres, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The City Acres real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The City Acres housing inventory by bedroom type for April 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

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 City Acres, 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 City Acres in April 2024, the same as the previous 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 City Acres, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
123 Days40 Days-67.5%

Summary: Homes in City Acres had an average of 40 days on market in Apr 2024, down by 67.5% compared to last month.

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 City Acres has remained consistent over time.

Summary: During April 2024, 1 homes were sold in City Acres; 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 7 Days Ago

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