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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Creston is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Creston has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Creston, OH

How much do homes in Creston, OH cost?

Median Sold Price

$199,000

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,250(+11.3%)

Key Takeaway

Homes in Creston have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in Creston was $199,000 in March 2024, up 11.3% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$108K
N/A
2 $90K$60K
-33.3%
3 $192.5K$212K
+10.1%
4 $186.5K$336.2K
+80.3%
5+ $184.5K-
N/A

Summary: Creston housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 80.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Canaan Township
+19.8%
Creston
+11.3%
Westfield Township
+4.1%
Guilford Township
+2.3%

Housing Supply in Creston, OH

How many homes are available in Creston, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Creston real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 33
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Creston 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 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Creston, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Creston in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Creston, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days27 Days+7.3%

Summary: Homes in Creston had an average of 27 days on market in Mar 2024, up by 7.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

Many homes in Creston are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Creston; 50% of homes were sold within 30 days, 50% 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 18 Days Ago

Newest Listings in Creston, OH

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