Is Henry County, 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, Henry County has remained a Seller's Market.
Key Takeaway
Henry County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henry County, OH
How much do homes in Henry County, OH cost?
Median Sold Price
$161,750
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Henry County have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Henry County was $161,750 in March 2024, up 7.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $86K | $80K | -7.0% |
| 2 Bedrooms | $94.5K | $102.6K | +8.6% |
| 3 Bedrooms | $158K | $170K | +7.6% |
| 4 Bedrooms | $191.2K | $182.5K | -4.6% |
| 5+ Bedrooms | $250K | $247.7K | -0.9% |
Summary: Henry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 0.9%.
Median Sold Price Compared To Nearby Counties
| Fulton County | $179.9K | $210.4K | +17.0% |
| Defiance County | $145K | $164.9K | +13.8% |
| Henry County | $150K | $161.7K | +7.8% |
| Wood County | $243.2K | $260K | +6.9% |
| Putnam County | $190K | $180K | -5.3% |
Housing Supply in Henry County, OH
How many homes are available in Henry County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Summary: The Henry County real estate market had 47 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 26 | 32 | +23.1% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Henry County 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 50%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henry County, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Henry County in March 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Henry County, OH
How long does it take to sell a home in Henry County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 187 Days | 77 Days | -58.9% |
Summary: Homes in Henry County had an average of 77 days on market in Mar 2024, down by 58.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Henry County has remained consistent over time.
Summary: During March 2024, 9 homes were sold in Henry County; 0% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.