Is Lucas County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lucas County has remained a Seller's Market.
Housing Prices in Lucas County, OH
How much do homes in Lucas County, OH cost?
Median Sold Price
$156,870
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lucas County was $156,870 in March 2024, up 4.6% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.5K | $68K | +0.7% |
2 Bedrooms | $95K | $109.9K | +15.7% |
3 Bedrooms | $144.4K | $150K | +3.9% |
4 Bedrooms | $264.3K | $272.9K | +3.2% |
5+ Bedrooms | $347K | $372K | +7.2% |
Summary: Lucas County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Counties
Fulton County | $179.9K | $210.4K | +17.0% |
Henry County | $150K | $161.7K | +7.8% |
Wood County | $243.2K | $260K | +6.9% |
Lucas County | $149.9K | $156.8K | +4.6% |
Monroe County | $229.4K | $239K | +4.2% |
Housing Supply in Lucas County, OH
How many homes are available in Lucas County, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,119 | 1,116 | -0.3% |
Summary: The Lucas County real estate market had 1,116 homes for sale in March 2024, a 0.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 207 | 225 | +8.7% |
3 Bedrooms | 630 | 593 | -5.9% |
4 Bedrooms | 227 | 236 | +4.0% |
5+ Bedrooms | 47 | 54 | +14.9% |
Summary: The Lucas County 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 8.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 14.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
338 | 333 | -1.5% |
Asking Price vs. Sold Price
153 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
123 Homes Were Sold
Over Asking
Summary: A total of 333 homes were sold or pending in Lucas County in March 2024, down by 1.5% month-over-month. Of the 331 sold homes, 46% were sold under asking, 17% were sold at asking, and 37% were sold over asking.
Days on Market for Lucas County, OH
How long does it take to sell a home in Lucas County, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 61 Days | +2.4% |
Summary: Homes in Lucas County had an average of 61 days on market in Mar 2024, up by 2.4% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
184 Homes Were Sold
In 30 - 90 Days
68 Homes Were Sold
Over 90 Days
Summary: During March 2024, 333 homes were sold in Lucas County; 24% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.