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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homerville is a seller's market

Buyer's
Market

Difference Since January 2022

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

Key Takeaway

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

How much do homes in Homerville, OH cost?

Median Sold Price

$340,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$100,000(+41.7%)

Key Takeaway

Homes in Homerville have sold for 41.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $135K$699.6K
+418.2%
3 $241K$290K
+20.3%
4 $383K$290K
-24.3%
5+ -$625K
N/A

How many homes are available in Homerville, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 11
0.0%
5+ 01
+100.0%

Number of Homes Sold

Dec 2022Jan 2023%
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Homerville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
4 Days30 Days+650.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Homerville, OH

Number of homes for sale in Homerville, OH real estate market have reached 4. The inventory of homes for sale in Homerville, OH between December 2022 and January 2023 decreased by 20%. While the average time on the market in January 2023 was 30 days, the median list price was $340,000. Listing prices have changed in this real estate market between December 2022 and January 2023: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 418.2%, prices of 3 bedrooms properties increased by 20.3%, the cost of 4 bedrooms properties went down by 24.3%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory decreased by 50%, volume of 4 bedrooms homes stayed the same, the quantity of 5 bedrooms homes went up by 100%. While more than 1 listings in Homerville, OH in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below.

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