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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loveland is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Loveland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Loveland, OH

How much do homes in Loveland, OH cost?

Median Sold Price

$380,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$45,000(-10.6%)

Key Takeaway

Homes in Loveland have sold for 10.6% less than they did a year ago.

Summary: The median home sold price in Loveland was $380,000 in March 2024, down 10.6% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145K-
N/A
2 $375K$219.5K
-41.5%
3 $314K$310K
-1.3%
4 $534.1K$563.7K
+5.5%
5+ $600K$489K
-18.5%

Summary: Loveland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 41.5%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 18.5%.

Median Sold Price Compared To Nearby Cities

Loveland
-10.6%
Hamilton Township
-25.4%

Housing Supply in Loveland, OH

How many homes are available in Loveland, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
19190.0%

Summary: The Loveland real estate market had 19 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 78
+14.3%
4 65
-16.7%
5+ 43
-25.0%

Summary: The Loveland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loveland, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Loveland in March 2024, up by 233.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Loveland, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
1 Days63 Days+4160.0%

Summary: Homes in Loveland had an average of 63 days on market in Mar 2024, up by 4160% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Loveland has remained consistent over time.

Summary: During March 2024, 10 homes were sold in Loveland; 20% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 10% 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 15 Days Ago

Newest Listings in Loveland, OH

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