Is Conneaut, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Conneaut has remained a Seller's Market.
Housing Prices in Conneaut, OH
How much do homes in Conneaut, OH cost?
Median Sold Price
$125,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Conneaut was $125,000 in March 2024, down 2.3% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72.5K | $52K | -28.3% |
2 Bedrooms | $109.4K | $118.5K | +8.3% |
3 Bedrooms | $135K | $125K | -7.4% |
4 Bedrooms | $130K | $129.5K | -0.4% |
5+ Bedrooms | $164.5K | $129.2K | -21.4% |
Summary: Conneaut housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.3%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 21.4%.
Median Sold Price Compared To Nearby Cities
Springfield Township | $415K | $443.5K | +6.9% |
Conneaut | $128K | $125K | -2.3% |
Housing Supply in Conneaut, OH
How many homes are available in Conneaut, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 40 | -2.4% |
Summary: The Conneaut real estate market had 40 homes for sale in March 2024, a 2.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 21 | 21 | 0.0% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Conneaut 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 remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Conneaut in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Conneaut, OH
How long does it take to sell a home in Conneaut, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 72 Days | +45.7% |
Summary: Homes in Conneaut had an average of 72 days on market in Mar 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Conneaut; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.