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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orrville is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in Orrville, OH cost?

Median Sold Price

$159,750

$94/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$9,750(+6.5%)

Key Takeaway

Homes in Orrville have sold for 6.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 --
N/A
2 $127K$137.5K
+8.3%
3 $150K$165.5K
+10.3%
4 $156K$193.4K
+24.0%
5+ $217K$201K
-7.4%

Median Sold Price Compared To Nearby Cities

Green Township
+8.1%
Orrville
+6.5%

How many homes are available in Orrville, OH?

Number of Homes For Sale

May 2022Jun 2022%
29290.0%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 00
0.0%
2 76
-14.3%
3 1311
-15.4%
4 811
+37.5%
5+ 11
0.0%

Number of Homes Sold

May 2022Jun 2022%
87-12.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orrville, you could pay more than the asking price. 85.7% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
9 Days21 Days+130.1%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orrville are selling fast, if you're buying plan to act quickly.

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

About Orrville, OH

Orrville, OH has 29 homes for sale to choose from. In June 2022 median list price was $159,750 and the average listing age was 21 days. Between May 2022 and June 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 8.3%, 3 bedrooms properties prices increased by 10.3%, the cost of 4 bedrooms properties went up by 24%, 5 bedrooms properties became 7.4% more cheaper. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went down by 14.3%, 3 bedrooms homes became 15.4% less available, 4 bedrooms homes became 37.5% more available, number of 5 bedrooms homes remained the same. In June 2022 more than 6 listings in Orrville, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.