Is Lodi, 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, Lodi has remained a Seller's Market.
Housing Prices in Lodi, OH
How much do homes in Lodi, OH cost?
Median Sold Price
$217,000
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lodi was $217,000 in February 2024, down 16.1% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $151.4K | $230K | +51.9% |
3 Bedrooms | $234.7K | $191K | -18.6% |
4 Bedrooms | $279K | $270K | -3.2% |
5+ Bedrooms | $178.4K | $270K | +51.3% |
Summary: Lodi 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 increased by 51.9%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 51.3%.
Housing Supply in Lodi, OH
How many homes are available in Lodi, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 7 | -22.2% |
Summary: The Lodi real estate market had 7 homes for sale in February 2024, a 22.2% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The Lodi 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 increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lodi in February 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lodi, OH
How long does it take to sell a home in Lodi, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
74 Days | 26 Days | -64.9% |
Summary: Homes in Lodi had an average of 26 days on market in Feb 2024, down by 64.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Lodi; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.