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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fostoria is a seller's market

Buyer's
Market

Difference Since December 2021

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.

How much do homes in Fostoria, OH cost?

Median Sold Price

$116,000

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$24,000(+26.1%)

Key Takeaway

Homes in Fostoria have sold for 26.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $16.5K$54.2K
+228.8%
2 $67.9K$95K
+39.9%
3 $95.1K$114.2K
+20.1%
4 $130K$147.4K
+13.5%
5+ $173.5K$41.7K
-75.9%

Median Sold Price Compared To Nearby Cities

Fostoria
+26.1%
Washington Township
+24.5%

How many homes are available in Fostoria, OH?

Number of Homes For Sale

Nov 2022Dec 2022%
4144+7.3%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 00
0.0%
2 88
0.0%
3 2428
+16.7%
4 98
-11.1%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
310+233.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Dec 2021Dec 2022%
68 Days71 Days+4.5%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Fostoria, OH

Fostoria, OH has 44 homes on the market. In December 2022 in Fostoria, OH there were 7.3% more homes for sale than in November 2022. In December 2022, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $116,000. Listing prices have changed in this real estate market between November 2022 and December 2022: 1 bedroom properties prices increased by 228.8%, prices of 2 bedrooms properties went up by 39.9%, 3 bedrooms properties prices increased by 20.1%, the cost of 4 bedrooms properties went up by 13.5%, 5 bedrooms properties became 75.9% more cheaper. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went up by 16.7%, 4 bedrooms homes inventory decreased by 11.1%, 5 bedrooms homes did not move. Over 1 listings were sold over their listed price in December 2022 in Fostoria, OH. In the same period over 5 listings were sold below the listed price and 4 listings were sold for the listed price.