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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elmore is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Elmore, OH cost?

Median Sold Price

$158,750

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$23,750(+17.6%)

Key Takeaway

Homes in Elmore have sold for 17.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $131.7K$70K
-46.9%
3 $156.5K$162.5K
+3.8%
4 $143K$240K
+67.8%
5+ -$221.5K
N/A

Median Sold Price Compared To Nearby Cities

Harris Township
+21.2%
Elmore
+17.6%
Clay Township
+1.6%
Washington Township
-21.5%

How many homes are available in Elmore, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
880.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 12
+100.0%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elmore, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
129 Days63 Days-51.4%

Breakdown of Home Sale Times

0 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

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

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

About Elmore, OH

There are 8 homes are for sale in Elmore, OH real estate market. In November 2022 median list price was $158,750 and the average listing age was 63 days. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 46.9%, the cost of 3 bedrooms properties went up by 3.8%, 4 bedrooms properties became 67.8% more expensive, prices of 5 bedrooms properties 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, the quantity of 2 bedrooms homes have not changed, the quantity of 3 bedrooms homes went down by 16.7%, number of 4 bedrooms homes increased by 100%, number of 5 bedrooms homes remained the same. Elmore, OH housing market in November 2022 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 1 sold below.