Is Collinwood Nottingham, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Collinwood Nottingham has remained a Seller's Market.
Key Takeaway
Collinwood Nottingham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Collinwood Nottingham, OH
How much do homes in Collinwood Nottingham, OH cost?
Median Sold Price
$61,000
$34/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Collinwood Nottingham have sold for 1.4% less than they did a year ago.
Summary: The median home sold price in Collinwood Nottingham was $61,000 in April 2024, down 1.4% from last year, and the median price per square foot was $34.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $52K | $45K | -13.5% |
| 3 Bedrooms | $60K | $53.9K | -10.0% |
| 4 Bedrooms | $60K | $60K | 0.0% |
| 5+ Bedrooms | $90.8K | $89K | -2.0% |
Summary: Collinwood Nottingham housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes decreased by 10%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Neighborhoods
| Collinwood Nottingham | $61.8K | $61K | -1.4% |
| Home Owners | $81.7K | $68.5K | -16.2% |
Housing Supply in Collinwood Nottingham, OH
How many homes are available in Collinwood Nottingham, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Collinwood Nottingham real estate market had 55 homes for sale in April 2024, a 1.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The Collinwood Nottingham 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 increased by 50%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Collinwood Nottingham, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Collinwood Nottingham in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market for Collinwood Nottingham, OH
How long does it take to sell a home in Collinwood Nottingham, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 69 Days | -8.6% |
Summary: Homes in Collinwood Nottingham had an average of 69 days on market in Apr 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Collinwood Nottingham are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Collinwood Nottingham; 43% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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