Is Lee / Harvard, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lee / Harvard is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Lee / Harvard has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lee / Harvard, OH

How much do homes in Lee / Harvard, OH cost?

Median Sold Price

$98,265

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,515(+17.3%)

Key Takeaway

Homes in Lee / Harvard have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in Lee / Harvard was $98,265 in April 2024, up 17.3% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $56.5K$66.7K
+18.1%
3 $88.9K$104K
+17.0%
4 $60K$114K
+90.0%
5+ $90.5K-
N/A

Summary: Lee / Harvard 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 18.1%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 90%, and 5+ bedroom homes did not change.

Housing Supply in Lee / Harvard, OH

How many homes are available in Lee / Harvard, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6157-6.6%

Summary: The Lee / Harvard real estate market had 57 homes for sale in April 2024, a 6.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 4744
-6.4%
4 1111
0.0%
5+ 00
0.0%

Summary: The Lee / Harvard 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 decreased by 33.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13130.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lee / Harvard, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Lee / Harvard in April 2024, the same as the previous month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for Lee / Harvard, OH

How long does it take to sell a home in Lee / Harvard, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days54 Days+52.0%

Summary: Homes in Lee / Harvard had an average of 54 days on market in Apr 2024, up by 52% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lee / Harvard has remained consistent over time.

Summary: During April 2024, 13 homes were sold in Lee / Harvard; 38% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 15% 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 4 Days Ago

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