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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Rushville, OH

How much do homes in Rushville, OH cost?

Median Sold Price

$364,000

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$52,500(+16.9%)

Key Takeaway

Homes in Rushville have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Rushville was $364,000 in April 2024, up 16.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$165K
N/A
2 -$156K
N/A
3 $311.5K$299.5K
-3.9%
4 -$414.5K
N/A
5+ -$516.5K
N/A

Summary: Rushville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rushville, OH

How many homes are available in Rushville, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Rushville real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Rushville housing inventory by bedroom type for April 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rushville in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Rushville, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days8 Days+26.3%

Summary: Homes in Rushville had an average of 8 days on market in Apr 2024, up by 26.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rushville are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Rushville; 100% of homes were sold within 30 days, 0% 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 9 Days Ago

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