Is Lagrange, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lagrange was a Seller's Market.
Key Takeaway
Lagrange is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lagrange, OH
How much do homes in Lagrange, OH cost?
Median Sold Price
$41,250
$35/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lagrange have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Lagrange was $41,250 in April 2024, up 4.6% from last year, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $18K | N/A |
| 2 Bedrooms | $34.9K | $38K | +8.9% |
| 3 Bedrooms | $42K | $45K | +7.1% |
| 4 Bedrooms | $44.2K | $41.7K | -5.6% |
| 5+ Bedrooms | $28.3K | $59.4K | +109.5% |
Summary: Lagrange housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 109.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Old West End | $58K | $83K | +43.1% |
| Lagrange | $39.4K | $41.2K | +4.6% |
| Five Points | $89.9K | $92K | +2.3% |
| North River | $34.9K | $32K | -8.3% |
Housing Supply in Lagrange, OH
How many homes are available in Lagrange, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The Lagrange real estate market had 61 homes for sale in April 2024, a 7.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 32 | 31 | -3.1% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lagrange housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 10 | -41.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lagrange, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Lagrange in April 2024, down by 41.2% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 82 Days | 75 Days | -8.4% |
Summary: Homes in Lagrange had an average of 75 days on market in Apr 2024, down by 8.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lagrange has remained consistent over time.
Summary: During April 2024, 10 homes were sold in Lagrange; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.