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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glouster is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Glouster was a Buyer's Market.

Key Takeaway

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

Housing Prices in Glouster, OH

How much do homes in Glouster, OH cost?

Median Sold Price

$162,500

$108/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$144,230(-47.0%)

Key Takeaway

Homes in Glouster have sold for 47% less than they did a month ago.

Summary: The median home sold price in Glouster was $162,500 in March 2024, down 47% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$220K
N/A
3 $306.7K$60K
-80.4%
4 -$140K
N/A
5+ --
N/A

Summary: Glouster housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 80.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Glouster, OH

How many homes are available in Glouster, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1012+20.0%

Summary: The Glouster real estate market had 12 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 25
+150.0%
3 54
-20.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Glouster housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Glouster in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Glouster, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
76 Days119 Days+56.6%

Summary: Homes in Glouster had an average of 119 days on market in Mar 2024, up by 56.6% compared to last month.

Breakdown of Home Sale Times

3 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

Many homes in Glouster are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in Glouster; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 24 Days Ago

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