Is Moraine, 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, 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
$159,900
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Moraine have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Moraine was $159,900 in March 2024, up 16.3% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | - | N/A |
| 2 Bedrooms | $90K | $99K | +10.0% |
| 3 Bedrooms | $140K | $170K | +21.4% |
| 4 Bedrooms | $239.9K | $275K | +14.6% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Moraine 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 increased by 10%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moraine | $137.5K | $159.9K | +16.3% |
| Kettering | $210K | $234.6K | +11.8% |
| Miami Township | $216.6K | $230K | +6.2% |
| West Carrollton | $152K | $159.9K | +5.2% |
| Jefferson Township | $165K | $165K | 0.0% |
Housing Supply in Moraine, OH
How many homes are available in Moraine, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 28 | 20 | -28.6% |
Summary: The Moraine real estate market had 20 homes for sale in March 2024, a 28.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Moraine 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 decreased by 14.3%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Moraine, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Moraine in March 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 85 Days | 110 Days | +28.8% |
Summary: Homes in Moraine had an average of 110 days on market in Mar 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Moraine has remained consistent over time.
Summary: During March 2024, 10 homes were sold in Moraine; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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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.