Is Port Clinton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Port Clinton is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Port Clinton, OH cost?

Median Sold Price

$188,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$23,000(+13.9%)

Key Takeaway

Homes in Port Clinton have sold for 13.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $161.4K$192.5K
+19.2%
2 $158K$170K
+7.6%
3 $165K$179.9K
+9.0%
4 $171.2K$205K
+19.7%
5+ $270K$227.5K
-15.7%

How many homes are available in Port Clinton, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
2620-23.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 32
-33.3%
2 97
-22.2%
3 76
-14.3%
4 75
-28.6%
5+ 00
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
127-41.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Port Clinton, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Oct 2021Oct 2022%
50 Days40 Days-21.0%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Port Clinton 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 Port Clinton, OH

Port Clinton, OH has 20 homes for sale to choose from. The inventory of homes for sale in Port Clinton, OH between September 2022 and October 2022 decreased by 23.1%. While the average time on the market in October 2022 was 40 days, the median list price was $188,000. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties became 19.2% more expensive, prices of 2 bedrooms properties increased by 7.6%, the cost of 3 bedrooms properties went up by 9%, prices of 4 bedrooms properties increased by 19.7%, 5 bedrooms properties prices decreased by 15.7%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory decreased by 33.3%, volume of 2 bedrooms homes went down by 22.2%, number of 3 bedrooms homes decreased by 14.3%, 4 bedrooms homes inventory decreased by 28.6%, number of 5 bedrooms homes remained the same. In October 2022 more than 2 listings in Port Clinton, OH were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 2 were sold below.