Is Kettering, 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, Kettering has remained a Seller's Market.
Key Takeaway
Kettering is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kettering, OH
How much do homes in Kettering, OH cost?
Median Sold Price
$234,689
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Kettering have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Kettering was $234,689 in March 2024, up 11.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.2K | $115K | +0.7% |
| 2 Bedrooms | $139.5K | $146K | +4.7% |
| 3 Bedrooms | $200K | $220K | +10.0% |
| 4 Bedrooms | $270K | $300K | +11.1% |
| 5+ Bedrooms | $302.5K | $385K | +27.3% |
Summary: Kettering housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 27.3%.
Median Sold Price Compared To Nearby Cities
| Kettering | $210K | $234.6K | +11.8% |
| Washington Township | $300K | $331.9K | +10.7% |
| Centerville | $269.9K | $296.4K | +9.8% |
| Beavercreek | $285.1K | $304.9K | +6.9% |
| Oakwood | $341.4K | $350K | +2.5% |
Housing Supply in Kettering, OH
How many homes are available in Kettering, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 169 | 158 | -6.5% |
Summary: The Kettering real estate market had 158 homes for sale in March 2024, a 6.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 101 | 99 | -2.0% |
| 4 Bedrooms | 39 | 33 | -15.4% |
| 5+ Bedrooms | 10 | 6 | -40.0% |
Summary: The Kettering housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 | 42 | -40.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kettering, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in Kettering in March 2024, down by 40.8% month-over-month. Of the 42 sold homes, 48% were sold under asking, 17% were sold at asking, and 36% were sold over asking.
Days on Market for Kettering, OH
How long does it take to sell a home in Kettering, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 59 Days | 50 Days | -15.3% |
Summary: Homes in Kettering had an average of 50 days on market in Mar 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kettering has remained consistent over time.
Summary: During March 2024, 42 homes were sold in Kettering; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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