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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glandorf is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Glandorf, OH

How much do homes in Glandorf, OH cost?

Median Sold Price

$176,750

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$18,250(-9.4%)

Key Takeaway

Homes in Glandorf have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Glandorf was $176,750 in April 2024, down 9.4% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$165K
N/A
3 $198.2K$181K
-8.7%
4 $195K-
N/A
5+ --
N/A

Summary: Glandorf housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Glandorf
-9.4%
Ottawa
-16.8%
Ottawa Township
-17.4%

Housing Supply in Glandorf, OH

How many homes are available in Glandorf, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The Glandorf real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Glandorf 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glandorf, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Glandorf in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Glandorf, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days116 Days+222.2%

Summary: Homes in Glandorf had an average of 116 days on market in Apr 2024, up by 222.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Glandorf are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Glandorf; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 11 Days Ago

Newest Listings in Glandorf, OH