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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Napoleon is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Napoleon, OH cost?

Median Sold Price

$151,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$19,550(+14.9%)

Key Takeaway

Homes in Napoleon have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $120K$97.5K
-18.8%
3 $131K$156.2K
+19.3%
4 $181.2K$187.4K
+3.4%
5+ $217.2K$187K
-13.9%

Median Sold Price Compared To Nearby Cities

Napoleon
+14.9%
Napoleon Township
+14.9%

How many homes are available in Napoleon, OH?

Number of Homes For Sale

Apr 2022May 2022%
2732+18.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 54
-20.0%
3 1218
+50.0%
4 89
+12.5%
5+ 21
-50.0%

Number of Homes Sold

Apr 2022May 2022%
770.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Napoleon, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
73 Days46 Days-36.6%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Napoleon, OH

Napoleon, OH has 32 homes for sale to choose from. The number of listings in Napoleon, OH increased by 18.5% between April 2022 and May 2022. In May 2022, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $151,000. From April 2022 through May 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties became 18.8% more cheaper, prices of 3 bedrooms properties went up by 19.3%, prices of 4 bedrooms properties went up by 3.4%, 5 bedrooms properties prices decreased by 13.9%. Volume of homes for sale changed: 1 bedroom homes inventory did not change, 2 bedrooms homes became 20% less available, 3 bedrooms homes became 50% more available, 4 bedrooms homes inventory increased by 12.5%, 5 bedrooms homes inventory decreased by 50%. Napoleon, OH housing market in May 2022 saw over 4 listings sold above listed price, more than 0 sold at listed price and over 3 sold below.

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