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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fremont is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Fremont, OH

How much do homes in Fremont, OH cost?

Median Sold Price

$144,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,666(+2.6%)

Key Takeaway

Homes in Fremont have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Fremont was $144,000 in May 2024, up 2.6% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $65.5K$104.5K
+59.5%
2 $123K$126K
+2.4%
3 $142K$147.4K
+3.8%
4 $160K$172.5K
+7.8%
5+ $78.9K$157.5K
+99.5%

Summary: Fremont housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.5%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 99.5%.

Median Sold Price Compared To Nearby Cities

Sandusky Township
+8.2%
Ballville Township
+3.9%
Fremont
+2.6%

Housing Supply in Fremont, OH

How many homes are available in Fremont, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8583-2.4%

Summary: The Fremont real estate market had 83 homes for sale in May 2024, a 2.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1311
-15.4%
3 5252
0.0%
4 1619
+18.8%
5+ 41
-75.0%

Summary: The Fremont housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3025-16.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fremont, you could pay more than the asking price. 68% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in Fremont in May 2024, down by 16.7% month-over-month. Of the 25 sold homes, 20% were sold under asking, 12% were sold at asking, and 68% were sold over asking.

Days on Market for Fremont, OH

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

Average Sale Time

May 2023May 2024CHANGE
35 Days44 Days+25.2%

Summary: Homes in Fremont had an average of 44 days on market in May 2024, up by 25.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 25 homes were sold in Fremont; 40% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 8% 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 16 Days Ago

Newest Listings in Fremont, OH

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