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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kettering is a seller's market

Buyer's
Market

Difference Since February 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

$235,170

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$25,376(+12.1%)

Key Takeaway

Homes in Kettering have sold for 12.1% more than they did a year ago.

Summary: The median home sold price in Kettering was $235,170 in February 2024, up 12.1% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $114.2K$115K
+0.7%
2 $139.5K$145K
+3.9%
3 $197.4K$224.9K
+13.9%
4 $270K$300K
+11.1%
5+ $301K$385K
+27.9%

Summary: Kettering housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 27.9%.

Median Sold Price Compared To Nearby Cities

Centerville
+13.2%
Kettering
+12.1%
Washington Township
+10.1%
Oakwood
+7.7%
Beavercreek
+3.1%

Housing Supply in Kettering, OH

How many homes are available in Kettering, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
143164+14.7%

Summary: The Kettering real estate market had 164 homes for sale in February 2024, a 14.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 31
-66.7%
2 1718
+5.9%
3 84100
+19.0%
4 3136
+16.1%
5+ 89
+12.5%

Summary: The Kettering housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
3064+113.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kettering, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Kettering in February 2024, up by 113.3% month-over-month. Of the 64 sold homes, 41% were sold under asking, 23% 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

Feb 2023Feb 2024CHANGE
63 Days70 Days+10.8%

Summary: Homes in Kettering had an average of 70 days on market in Feb 2024, up by 10.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

34 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kettering has remained consistent over time.

Summary: During February 2024, 64 homes were sold in Kettering; 22% of homes were sold within 30 days, 53% 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 18 Days Ago

Newest Listings in Kettering, OH

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