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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Silverton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Silverton was a Neutral Market.

Key Takeaway

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

How much do homes in Silverton, OH cost?

Median Sold Price

$268,750

$197/sqft

Based on all homes sold in November 2022.

Difference Since Last Month

+$34,750(+14.9%)

Key Takeaway

Homes in Silverton have sold for 14.9% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2022Nov 2022%
1 --
N/A
2 $223K$245K
+9.9%
3 $251K$317.5K
+26.5%
4 $245K$292.5K
+19.4%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Silverton
+14.9%
Deer Park
-6.5%
Amberley
-15.2%
Columbia Township
-27.3%
Madeira
-28.0%

How many homes are available in Silverton, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
2522-12.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 77
0.0%
3 1210
-16.7%
4 65
-16.7%
5+ 00
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
46+50.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Silverton, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Oct 2022Nov 2022%
2 Days13 Days+514.8%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Silverton, OH

Silverton, OH has 22 homes on the market. The number of listings in Silverton, OH decreased by 12% between October 2022 and November 2022. While the average time on the market in November 2022 was 13 days, the median list price was $268,750. Listing prices have changed in this real estate market between November 2021 and November 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 9.9%, 3 bedrooms properties became 26.5% more expensive, 4 bedrooms properties prices increased by 19.4%, 5 bedrooms properties prices increased by 0%. This housing market inventory have changed: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 16.7%, volume of 4 bedrooms homes went down by 16.7%, 5 bedrooms homes inventory did not change. In November 2022, from all listings sold in Silverton, OH there were more than 1 sold above asking price, over 4 sold below and more than 1 were sold right at the asked price.

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