Is Defiance County, 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, Defiance County has remained a Seller's Market.
Housing Prices in Defiance County, OH
How much do homes in Defiance County, OH cost?
Median Sold Price
$164,983
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Defiance County was $164,983 in March 2024, up 13.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47.5K | $300K | +531.6% |
2 Bedrooms | $84.5K | $109.4K | +29.5% |
3 Bedrooms | $147.3K | $160K | +8.6% |
4 Bedrooms | $176K | $220K | +25.0% |
5+ Bedrooms | $249.9K | $256.1K | +2.5% |
Summary: Defiance County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 531.6%, 2 bedroom homes increased by 29.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 2.5%.
Median Sold Price Compared To Nearby Counties
Defiance County | $145K | $164.9K | +13.8% |
Henry County | $150K | $161.7K | +7.8% |
Paulding County | $132K | $140K | +6.1% |
Williams County | $143K | $150K | +4.9% |
Housing Supply in Defiance County, OH
How many homes are available in Defiance County, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 78 | +8.3% |
Summary: The Defiance County real estate market had 78 homes for sale in March 2024, a 8.3% increase 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 | 16 | 17 | +6.3% |
3 Bedrooms | 41 | 42 | +2.4% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Defiance County 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 increased by 6.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Defiance County in March 2024, down by 6.3% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.
Days on Market for Defiance County, OH
How long does it take to sell a home in Defiance County, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 61 Days | +6.8% |
Summary: Homes in Defiance County had an average of 61 days on market in Mar 2024, up by 6.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Defiance County; 33% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.