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 Last Month

Since last month, 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.

Housing Prices in Homerville, OH

How much do homes in Homerville, OH cost?

Median Sold Price

$210,000

-

Based on all homes sold in September 2024.

Difference Since Last Month

-$460,000(-68.7%)

Key Takeaway

Homes in Homerville have sold for 68.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$210K
N/A
4 $670K-
N/A
5+ --
N/A

Summary: Homerville housing prices by bedroom type for September 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Spencer Township
+1.9%
Homerville
-68.7%
Homer Township
-68.7%

Housing Supply in Homerville, OH

How many homes are available in Homerville, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
220.0%

Summary: The Homerville real estate market had 2 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Homerville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

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

Days on Market for Homerville, OH

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

Average Sale Time

Aug 2024Sep 2024CHANGE
14 Days4 Days-71.4%

Summary: Homes in Homerville had an average of 4 days on market in Sep 2024, down by 71.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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.

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

Newest Listings in Homerville, OH

Nearby Markets to Homerville, OH

What housing markets are near Homerville, OH?