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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orwell is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Orwell has remained a Seller's Market.

Key Takeaway

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

How much do homes in Orwell, OH cost?

Median Sold Price

$127,500

$77/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$18,500(+17.0%)

Key Takeaway

Homes in Orwell have sold for 17% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 --
N/A
3 $109K$75K
-31.2%
4 -$180K
N/A
5+ --
N/A

How many homes are available in Orwell, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
54-20.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 22
0.0%
5+ 11
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Orwell, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
96 Days73 Days-24.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Orwell 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 Orwell, OH

Orwell, OH has 4 homes for sale to choose from. The number of listings in Orwell, OH decreased by 20% between October 2022 and November 2022. The median list price of listings available in November 2022 was $127,500, while the average time on the real estate market was 73 days. Listing prices have changed in this real estate market between November 2021 and November 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties went down by 31.2%, prices of 4 bedrooms properties went up by 0%, prices of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes decreased by 50%, the quantity of 4 bedrooms homes have not changed, the quantity of 5 bedrooms homes have not changed. In November 2022 more than 0 listings in Orwell, OH were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.