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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Republic is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Republic, OH

How much do homes in Republic, OH cost?

Median Sold Price

$207,500

$119/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

-$167,500(-44.7%)

Key Takeaway

Homes in Republic have sold for 44.7% less than they did a month ago.

Summary: The median home sold price in Republic was $207,500 in June 2024, down 44.7% from last month, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 --
N/A
3 $375K-
N/A
4 -$207.5K
N/A
5+ --
N/A

Summary: Republic housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Republic, OH

How many homes are available in Republic, OH?

Number of Homes For Sale

May 2024Jun 2024CHANGE
64-33.3%

Summary: The Republic real estate market had 4 homes for sale in June 2024, a 33.3% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Republic 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Republic, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Republic in June 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Republic, OH

How long does it take to sell a home in Republic, OH?

Average Sale Time

May 2024Jun 2024CHANGE
31 Days36 Days+14.3%

Summary: Homes in Republic had an average of 36 days on market in Jun 2024, up by 14.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Republic has remained consistent over time.

Summary: During June 2024, 2 homes were sold in Republic; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Republic, OH

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