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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moraine is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Moraine, OH

How much do homes in Moraine, OH cost?

Median Sold Price

$155,000

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$20,000(+14.8%)

Key Takeaway

Homes in Moraine have sold for 14.8% more than they did a year ago.

Summary: The median home sold price in Moraine was $155,000 in February 2024, up 14.8% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $45.5K-
N/A
2 $85K$103.2K
+21.5%
3 $140K$170K
+21.4%
4 $239.9K$223.5K
-6.9%
5+ -$350K
N/A

Summary: Moraine 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 21.5%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moraine
+14.8%
Kettering
+12.1%
Miami Township
+6.3%
West Carrollton
+1.7%
Jefferson Township
+1.2%

Housing Supply in Moraine, OH

How many homes are available in Moraine, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3024-20.0%

Summary: The Moraine real estate market had 24 homes for sale in February 2024, a 20.0% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1612
-25.0%
4 43
-25.0%
5+ 22
0.0%

Summary: The Moraine 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 decreased by 12.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
812+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moraine, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Moraine in February 2024, up by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Moraine, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
63 Days86 Days+37.8%

Summary: Homes in Moraine had an average of 86 days on market in Feb 2024, up by 37.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Moraine are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 12 homes were sold in Moraine; 8% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 50% 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 18 Days Ago

Newest Listings in Moraine, OH

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