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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Kenton was a Neutral Market.

Key Takeaway

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

Housing Prices in Kenton, OH

How much do homes in Kenton, OH cost?

Median Sold Price

$159,000

$120/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$46,000(-22.4%)

Key Takeaway

Homes in Kenton have sold for 22.4% less than they did a month ago.

Summary: The median home sold price in Kenton was $159,000 in March 2024, down 22.4% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 -$159K
N/A
4 --
N/A
5+ --
N/A

Summary: Kenton 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kenton
-22.4%
Pleasant Township
-22.4%

Housing Supply in Kenton, OH

How many homes are available in Kenton, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
711+57.1%

Summary: The Kenton real estate market had 11 homes for sale in March 2024, a 57.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 47
+75.0%
4 13
+200.0%
5+ 00
0.0%

Summary: The Kenton 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 decreased by 50%, 3 bedroom homes increased by 75%, 4 bedroom homes increased by 200%, 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 Kenton, 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 Kenton 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 Kenton, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
110 Days46 Days-58.0%

Summary: Homes in Kenton had an average of 46 days on market in Mar 2024, down by 58% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Kenton; 50% of homes were sold within 30 days, 25% 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

Newest Listings in Kenton, OH

Nearby Markets to Kenton, OH