Is Preble County, 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, Preble County has remained a Seller's Market.
Housing Prices in Preble County, OH
How much do homes in Preble County, OH cost?
Median Sold Price
$180,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Preble County was $180,000 in March 2024, up 12.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.3K | $77.5K | +15.0% |
2 Bedrooms | $121.5K | $113.5K | -6.6% |
3 Bedrooms | $165K | $196.2K | +18.9% |
4 Bedrooms | $195K | $215K | +10.3% |
5+ Bedrooms | $260K | $209.5K | -19.4% |
Summary: Preble County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes decreased by 6.6%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Counties
Preble County | $160K | $180K | +12.5% |
Butler County | $238.1K | $257.2K | +8.0% |
Montgomery County | $185K | $199.5K | +7.8% |
Darke County | $160K | $167.3K | +4.6% |
Housing Supply in Preble County, OH
How many homes are available in Preble County, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 84 | +2.4% |
Summary: The Preble County real estate market had 84 homes for sale in March 2024, a 2.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 54 | 55 | +1.9% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Preble County 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 remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Preble County in March 2024, up by 33.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.
Days on Market for Preble County, OH
How long does it take to sell a home in Preble County, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 74 Days | +7.1% |
Summary: Homes in Preble County had an average of 74 days on market in Mar 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Preble County; 13% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.