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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaGrange is a seller's market

Buyer's
Market

Difference Since February 2023

At the same time last year, LaGrange was a Buyer's Market.

Key Takeaway

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

Housing Prices in LaGrange, OH

How much do homes in LaGrange, OH cost?

Median Sold Price

$260,559

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$5,691(-2.1%)

Key Takeaway

Homes in LaGrange have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in LaGrange was $260,559 in February 2024, down 2.1% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $255K$192K
-24.7%
3 $242K$275K
+13.6%
4 $366.5K$258K
-29.6%
5+ $384.9K$135.5K
-64.8%

Summary: LaGrange housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes decreased by 64.8%.

Median Sold Price Compared To Nearby Cities

LaGrange
-2.1%
LaGrange Township
-3.5%

Housing Supply in LaGrange, OH

How many homes are available in LaGrange, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2119-9.5%

Summary: The LaGrange real estate market had 19 homes for sale in February 2024, a 9.5% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1414
0.0%
4 43
-25.0%
5+ 21
-50.0%

Summary: The LaGrange housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 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 LaGrange, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in LaGrange in February 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for LaGrange, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
44 Days43 Days-1.6%

Summary: Homes in LaGrange had an average of 43 days on market in Feb 2024, down by 1.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 5 homes were sold in LaGrange; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 27 Days Ago

Newest Listings in LaGrange, OH

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