Is Orrville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Orrville was a Neutral Market.
Housing Prices in Orrville, OH
How much do homes in Orrville, OH cost?
Median Sold Price
$215,500
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Orrville was $215,500 in June 2024, up 0.3% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $98.4K | +31.3% |
2 Bedrooms | $203.5K | $175K | -14.0% |
3 Bedrooms | $209.9K | $215K | +2.4% |
4 Bedrooms | $250K | $257.5K | +3.0% |
5+ Bedrooms | $197.9K | $90.2K | -54.4% |
Summary: Orrville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.3%, 2 bedroom homes decreased by 14%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 54.4%.
Median Sold Price Compared To Nearby Cities
Green Township | $201.7K | $211K | +4.6% |
Orrville | $214.9K | $215.5K | 0.3% |
Baughman Township | $257.5K | $235K | -8.7% |
Housing Supply in Orrville, OH
How many homes are available in Orrville, OH?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Summary: The Orrville real estate market had 27 homes for sale in June 2024, a 3.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Orrville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Orrville in June 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Orrville, OH
How long does it take to sell a home in Orrville, OH?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
11 Days | 19 Days | +63.8% |
Summary: Homes in Orrville had an average of 19 days on market in Jun 2024, up by 63.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 6 homes were sold in Orrville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.