Is Dennison, 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, Dennison has remained a Seller's Market.
Key Takeaway
Dennison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dennison, OH
How much do homes in Dennison, OH cost?
Median Sold Price
$139,900
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Dennison have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Dennison was $139,900 in March 2024, up 14.7% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $68.2K | N/A |
| 2 Bedrooms | $91.7K | $124.9K | +36.2% |
| 3 Bedrooms | $124.9K | $159.9K | +28.0% |
| 4 Bedrooms | $136.9K | $195K | +42.4% |
| 5+ Bedrooms | $1.0M | $103K | -90.1% |
Summary: Dennison 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 increased by 36.2%, 3 bedroom homes increased by 28%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes decreased by 90.1%.
Median Sold Price Compared To Nearby Cities
| Dennison | $122K | $139.9K | +14.7% |
| Mill Township | $110.3K | $119K | +7.8% |
| Uhrichsville | $115K | $123K | +7.0% |
Housing Supply in Dennison, OH
How many homes are available in Dennison, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Summary: The Dennison real estate market had 19 homes for sale in March 2024, a 35.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dennison 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 increased by 75%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dennison, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dennison in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Dennison, OH
How long does it take to sell a home in Dennison, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 53 Days | -16.2% |
Summary: Homes in Dennison had an average of 53 days on market in Mar 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dennison has remained consistent over time.
Summary: During March 2024, 6 homes were sold in Dennison; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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