Is Montgomery 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, Montgomery County has remained a Seller's Market.
Key Takeaway
Montgomery County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montgomery County, OH
How much do homes in Montgomery County, OH cost?
Median Sold Price
$199,559
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Montgomery County have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Montgomery County was $199,559 in March 2024, up 7.8% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $66.5K | $94.9K | +42.8% |
| 2 Bedrooms | $124.9K | $130K | +4.0% |
| 3 Bedrooms | $179.5K | $189.9K | +5.8% |
| 4 Bedrooms | $265.9K | $290K | +9.1% |
| 5+ Bedrooms | $286.3K | $303.5K | +6.0% |
Summary: Montgomery County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Counties
| Preble County | $160K | $180K | +12.5% |
| Miami County | $209.5K | $234K | +11.7% |
| Montgomery County | $185K | $199.5K | +7.8% |
| Clark County | $174.1K | $185K | +6.3% |
| Greene County | $225K | $234.6K | +4.3% |
Housing Supply in Montgomery County, OH
How many homes are available in Montgomery County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1,746 | 1,774 | +1.6% |
Summary: The Montgomery County real estate market had 1,774 homes for sale in March 2024, a 1.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 15 | +36.4% |
| 2 Bedrooms | 321 | 334 | +4.0% |
| 3 Bedrooms | 880 | 888 | +0.9% |
| 4 Bedrooms | 409 | 396 | -3.2% |
| 5+ Bedrooms | 125 | 141 | +12.8% |
Summary: The Montgomery County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 12.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 540 | 480 | -11.1% |
Asking Price vs. Sold Price
219 Homes Were Sold
Under Asking
117 Homes Were Sold
At Asking
144 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montgomery County, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
Summary: A total of 480 homes were sold or pending in Montgomery County in March 2024, down by 11.1% month-over-month. Of the 480 sold homes, 46% were sold under asking, 24% were sold at asking, and 30% were sold over asking.
Days on Market for Montgomery County, OH
How long does it take to sell a home in Montgomery County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 62 Days | -10.9% |
Summary: Homes in Montgomery County had an average of 62 days on market in Mar 2024, down by 10.9% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
276 Homes Were Sold
In 30 - 90 Days
102 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Montgomery County has remained consistent over time.
Summary: During March 2024, 480 homes were sold in Montgomery County; 21% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.