Is Kettering, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Kettering has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114.2K | $115K | +0.7% |
2 Bedrooms | $139.5K | $145K | +3.9% |
3 Bedrooms | $197.4K | $224.9K | +13.9% |
4 Bedrooms | $270K | $300K | +11.1% |
5+ Bedrooms | $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 | $264.9K | $300K | +13.2% |
Kettering | $209.7K | $235.1K | +12.1% |
Washington Township | $299.9K | $330.2K | +10.1% |
Oakwood | $324.9K | $350K | +7.7% |
Beavercreek | $286.1K | $294.8K | +3.1% |
Housing Supply in Kettering, OH
How many homes are available in Kettering, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
143 | 164 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 17 | 18 | +5.9% |
3 Bedrooms | 84 | 100 | +19.0% |
4 Bedrooms | 31 | 36 | +16.1% |
5+ Bedrooms | 8 | 9 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
30 | 64 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
63 Days | 70 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
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.