Is Fostoria, 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, Fostoria has remained a Seller's Market.
Key Takeaway
Fostoria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fostoria, OH
How much do homes in Fostoria, OH cost?
Median Sold Price
$137,000
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Fostoria have sold for 19.1% more than they did a year ago.
Summary: The median home sold price in Fostoria was $137,000 in March 2024, up 19.1% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.2K | $25.7K | -52.5% |
| 2 Bedrooms | $93.5K | $118.7K | +27.0% |
| 3 Bedrooms | $118K | $139.9K | +18.6% |
| 4 Bedrooms | $140.2K | $180K | +28.3% |
| 5+ Bedrooms | $55K | $175K | +218.2% |
Summary: Fostoria housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.5%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 218.2%.
Median Sold Price Compared To Nearby Cities
| Fostoria | $115K | $137K | +19.1% |
| Perry Township | $250K | $250K | 0.0% |
| Washington Township | $140K | $139.9K | -0.1% |
| Loudon Township | $192.2K | $189K | -1.7% |
| Jackson Township | $215K | $194K | -9.8% |
Housing Supply in Fostoria, OH
How many homes are available in Fostoria, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 47 | 45 | -4.3% |
Summary: The Fostoria real estate market had 45 homes for sale in March 2024, a 4.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Fostoria housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 13 | -13.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fostoria, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Fostoria in March 2024, down by 13.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Fostoria, OH
How long does it take to sell a home in Fostoria, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 71 Days | 67 Days | -6.2% |
Summary: Homes in Fostoria had an average of 67 days on market in Mar 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fostoria has remained consistent over time.
Summary: During March 2024, 13 homes were sold in Fostoria; 0% of homes were sold within 30 days, 85% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.