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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Salineville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Salineville was a Neutral Market.

Key Takeaway

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

Housing Prices in Salineville, OH

How much do homes in Salineville, OH cost?

Median Sold Price

$500,000

$180/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$437,500(+700.0%)

Key Takeaway

Homes in Salineville have sold for 700% more than they did a month ago.

Summary: The median home sold price in Salineville was $500,000 in March 2024, up 700% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $62.5K-
N/A
2 --
N/A
3 -$500K
N/A
4 --
N/A
5+ --
N/A

Summary: Salineville housing prices by bedroom type for March 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 Salineville, OH

How many homes are available in Salineville, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Salineville real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 00
0.0%
3 44
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Salineville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were 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 Salineville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Salineville in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Salineville, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
150 Days133 Days-11.3%

Summary: Homes in Salineville had an average of 133 days on market in Mar 2024, down by 11.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Salineville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Salineville; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 30 Days Ago

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