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 May 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

$163,950

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,700(+20.3%)

Key Takeaway

Homes in Moraine have sold for 20.3% more than they did a year ago.

Summary: The median home sold price in Moraine was $163,950 in May 2024, up 20.3% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $45.5K-
N/A
2 $92K$102.7K
+11.7%
3 $145.1K$170K
+17.1%
4 $213.4K$275K
+28.8%
5+ -$342.5K
N/A

Summary: Moraine housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 28.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Moraine
+20.3%
West Carrollton
+10.0%
Kettering
+4.5%
Miami Township
0.4%
Jefferson Township
0.0%

Housing Supply in Moraine, OH

How many homes are available in Moraine, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1417+21.4%

Summary: The Moraine real estate market had 17 homes for sale in May 2024, a 21.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 57
+40.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The Moraine housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Moraine in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% 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

May 2023May 2024CHANGE
38 Days60 Days+58.5%

Summary: Homes in Moraine had an average of 60 days on market in May 2024, up by 58.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Moraine has remained consistent over time.

Summary: During May 2024, 6 homes were sold in Moraine; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 19 Days Ago

Newest Listings in Moraine, OH

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