Is Newcomerstown, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Newcomerstown was a Seller's Market.
Key Takeaway
Newcomerstown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Newcomerstown, OH
How much do homes in Newcomerstown, OH cost?
Median Sold Price
$140,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Newcomerstown have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Newcomerstown was $140,500 in March 2024, up 11.6% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $81.2K | $149.9K | +84.5% |
| 3 Bedrooms | $139.4K | $134.9K | -3.2% |
| 4 Bedrooms | $126.9K | $195K | +53.7% |
| 5+ Bedrooms | $586.4K | $127.5K | -78.3% |
Summary: Newcomerstown 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 84.5%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 53.7%, and 5+ bedroom homes decreased by 78.3%.
Median Sold Price Compared To Nearby Cities
| Oxford Township | $125.9K | $190K | +50.9% |
| Salem Township | $141K | $174.3K | +23.6% |
| Newcomerstown | $125.9K | $140.5K | +11.6% |
Housing Supply in Newcomerstown, OH
How many homes are available in Newcomerstown, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Newcomerstown real estate market had 22 homes for sale in March 2024, a 10.0% increase 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 | 8 | +14.3% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Newcomerstown 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 increased by 14.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newcomerstown, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Newcomerstown in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Newcomerstown, OH
How long does it take to sell a home in Newcomerstown, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 66 Days | +57.9% |
Summary: Homes in Newcomerstown had an average of 66 days on market in Mar 2024, up by 57.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Newcomerstown are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Newcomerstown; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.