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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeVeaux is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in DeVeaux, OH

How much do homes in DeVeaux, OH cost?

Median Sold Price

$129,933

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,950(+4.8%)

Key Takeaway

Homes in DeVeaux have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in DeVeaux was $129,933 in April 2024, up 4.8% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $56.7K$70K
+23.3%
2 $69.5K$80K
+15.1%
3 $132K$140K
+6.0%
4 $151.2K$174K
+15.0%
5+ $183.5K$125K
-31.9%

Summary: DeVeaux housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.3%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 31.9%.

Median Sold Price Compared To Nearby Neighborhoods

Whitmer / Trilby
+6.7%
DeVeaux
+4.8%
Five Points
+2.3%
Ottawa
-3.7%

Housing Supply in DeVeaux, OH

How many homes are available in DeVeaux, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8088+10.0%

Summary: The DeVeaux real estate market had 88 homes for sale in April 2024, a 10.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2424
0.0%
3 4752
+10.6%
4 912
+33.3%
5+ 00
0.0%

Summary: The DeVeaux 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 remained the same, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2333+43.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeVeaux, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in DeVeaux in April 2024, up by 43.5% month-over-month. Of the 33 sold homes, 21% were sold under asking, 6% were sold at asking, and 73% were sold over asking.

Days on Market for DeVeaux, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
47 Days66 Days+40.8%

Summary: Homes in DeVeaux had an average of 66 days on market in Apr 2024, up by 40.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in DeVeaux has remained consistent over time.

Summary: During April 2024, 33 homes were sold in DeVeaux; 27% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 15% 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 2 Days Ago

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