Is Ross County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Ross County was a Seller's Market.
Key Takeaway
Ross County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ross County, OH
How much do homes in Ross County, OH cost?
Median Sold Price
$210,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Ross County have sold for 2.3% less than they did a year ago.
Summary: The median home sold price in Ross County was $210,000 in March 2024, down 2.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $135K | $165K | +22.2% |
| 3 Bedrooms | $200K | $204K | +2.0% |
| 4 Bedrooms | $309K | $277.5K | -10.2% |
| 5+ Bedrooms | $347.5K | $230K | -33.8% |
Summary: Ross County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes decreased by 33.8%.
Median Sold Price Compared To Nearby Counties
| Fayette County | $172.5K | $196.8K | +14.1% |
| Pickaway County | $275K | $289.6K | +5.3% |
| Hocking County | $250.9K | $249.7K | -0.5% |
| Ross County | $215K | $210K | -2.3% |
Housing Supply in Ross County, OH
How many homes are available in Ross County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 101 | 105 | +4.0% |
Summary: The Ross County real estate market had 105 homes for sale in March 2024, a 4.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 23 | -4.2% |
| 3 Bedrooms | 48 | 50 | +4.2% |
| 4 Bedrooms | 22 | 24 | +9.1% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Ross 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 decreased by 4.2%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ross County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Ross County in March 2024, down by 22.2% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
Days on Market for Ross County, OH
How long does it take to sell a home in Ross County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 34 Days | +14.0% |
Summary: Homes in Ross County had an average of 34 days on market in Mar 2024, up by 14% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ross County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Ross County; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.