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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Edon is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Edon was a Neutral Market.

Key Takeaway

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

Housing Prices in Edon, OH

How much do homes in Edon, OH cost?

Median Sold Price

$146,500

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$71,000(-32.6%)

Key Takeaway

Homes in Edon have sold for 32.6% less than they did a month ago.

Summary: The median home sold price in Edon was $146,500 in April 2024, down 32.6% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $217.5K$128K
-41.1%
4 --
N/A
5+ --
N/A

Summary: Edon housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 41.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Edon
-32.6%
Florence Township
-32.6%

Housing Supply in Edon, OH

How many homes are available in Edon, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
67+16.7%

Summary: The Edon real estate market had 7 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Edon 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Edon, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Edon, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
118 Days103 Days-12.7%

Summary: Homes in Edon had an average of 103 days on market in Apr 2024, down by 12.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Edon; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Edon, OH

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