Is East Palestine, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Palestine is a buyer's market

Buyer's
Market

Difference Since April 2022

At the same time last year, East Palestine was a Seller's Market.

Key Takeaway

East Palestine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in East Palestine, OH cost?

Median Sold Price

$113,750

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$8,750(+8.3%)

Key Takeaway

Homes in East Palestine have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 --
N/A
2 $89K$90K
+1.1%
3 $106K$112.5K
+6.1%
4 $176.2K$176.2K
0.0%
5+ $209.5K-
N/A

Median Sold Price Compared To Nearby Cities

East Palestine
+8.3%
Unity Township
+3.4%

How many homes are available in East Palestine, OH?

Number of Homes For Sale

Mar 2023Apr 2023%
2736+33.3%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 11
0.0%
2 36
+100.0%
3 1921
+10.5%
4 36
+100.0%
5+ 12
+100.0%

Number of Homes Sold

Mar 2023Apr 2023%
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Palestine, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Average Sale Time

Apr 2022Apr 2023%
78 Days29 Days-63.0%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About East Palestine, OH

There are 36 homes are for sale in East Palestine, OH real estate market. The inventory of homes for sale in East Palestine, OH between March 2023 and April 2023 increased by 33.3%. Listings spent 29 days on the market in April 2023, and had a median list price of $113,750 during the same period. This housing market listing prices have changed between March 2023 and April 2023: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 1.1%, prices of 3 bedrooms properties increased by 6.1%, prices of 4 bedrooms properties stayed the same, 5 bedrooms properties prices increased by 0%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 100%, 3 bedrooms homes inventory increased by 10.5%, number of 4 bedrooms homes increased by 100%, volume of 5 bedrooms homes went up by 100%. Over 1 listings were sold over their listed price in April 2023 in East Palestine, OH. In the same period over 3 listings were sold below the listed price and 0 listings were sold for the listed price.

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