Is Sandusky, 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, Sandusky has remained a Seller's Market.
Key Takeaway
Sandusky is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sandusky, OH
How much do homes in Sandusky, OH cost?
Median Sold Price
$151,833
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sandusky have sold for 19.2% more than they did a year ago.
Summary: The median home sold price in Sandusky was $151,833 in March 2024, up 19.2% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112.5K | $144.2K | +28.2% |
| 2 Bedrooms | $97K | $108.2K | +11.6% |
| 3 Bedrooms | $134.4K | $158.2K | +17.7% |
| 4 Bedrooms | $157.5K | $193.1K | +22.6% |
| 5+ Bedrooms | $154.7K | $307.5K | +98.8% |
Summary: Sandusky housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.2%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 98.8%.
Median Sold Price Compared To Nearby Cities
| Sandusky | $127.4K | $151.8K | +19.2% |
| Huron Township | $260K | $280K | +7.7% |
| Margaretta Township | $184.5K | $191.5K | +3.8% |
Housing Supply in Sandusky, OH
How many homes are available in Sandusky, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 112 | 126 | +12.5% |
Summary: The Sandusky real estate market had 126 homes for sale in March 2024, a 12.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 37 | 31 | -16.2% |
| 3 Bedrooms | 45 | 62 | +37.8% |
| 4 Bedrooms | 23 | 24 | +4.3% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Sandusky 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 16.2%, 3 bedroom homes increased by 37.8%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 23 | -23.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandusky, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.
Summary: A total of 23 homes were sold or pending in Sandusky in March 2024, down by 23.3% month-over-month. Of the 23 sold homes, 35% were sold under asking, 22% were sold at asking, and 43% were sold over asking.
Days on Market for Sandusky, OH
How long does it take to sell a home in Sandusky, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 48 Days | -5.0% |
Summary: Homes in Sandusky had an average of 48 days on market in Mar 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sandusky has remained consistent over time.
Summary: During March 2024, 23 homes were sold in Sandusky; 35% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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