Is Port Clinton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Port Clinton has remained a Seller's Market.
Housing Prices in Port Clinton, OH
How much do homes in Port Clinton, OH cost?
Median Sold Price
$299,900
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Port Clinton was $299,900 in March 2024, up 15.8% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $227.5K | +16.7% |
2 Bedrooms | $220K | $305K | +38.6% |
3 Bedrooms | $268K | $280K | +4.5% |
4 Bedrooms | $268.7K | $580K | +115.8% |
5+ Bedrooms | $415K | $827.5K | +99.4% |
Summary: Port Clinton housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 38.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 115.8%, and 5+ bedroom homes increased by 99.4%.
Median Sold Price Compared To Nearby Cities
Port Clinton | $259K | $299.9K | +15.8% |
Bay Township | $284K | $253.5K | -10.7% |
Housing Supply in Port Clinton, OH
How many homes are available in Port Clinton, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 94 | +16.0% |
Summary: The Port Clinton real estate market had 94 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 23 | 27 | +17.4% |
3 Bedrooms | 28 | 34 | +21.4% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Port Clinton 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 17.4%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 18 | +100.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Port Clinton in March 2024, up by 100.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Port Clinton, OH
How long does it take to sell a home in Port Clinton, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 97 Days | +116.8% |
Summary: Homes in Port Clinton had an average of 97 days on market in Mar 2024, up by 116.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Port Clinton; 44% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.