Is Ludlow Falls, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ludlow Falls has remained a Seller's Market.
Key Takeaway
Ludlow Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ludlow Falls, OH
How much do homes in Ludlow Falls, OH cost?
Median Sold Price
$319,500
$174/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Ludlow Falls have sold for 90.2% more than they did a month ago.
Summary: The median home sold price in Ludlow Falls was $319,500 in April 2024, up 90.2% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $168K | $369K | +119.6% |
| 4 Bedrooms | - | $270K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ludlow Falls housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 119.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ludlow Falls, OH
How many homes are available in Ludlow Falls, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Ludlow Falls real estate market had 3 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ludlow Falls 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ludlow Falls, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Ludlow Falls in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Ludlow Falls, OH
How long does it take to sell a home in Ludlow Falls, OH?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 140 Days | 30 Days | -78.2% |
Summary: Homes in Ludlow Falls had an average of 30 days on market in Apr 2024, down by 78.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ludlow Falls are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Ludlow Falls; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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