$6,828 Closing Credit*
$575,000
4,760 SqFt
4 Beds
•3 Full Baths, 2 Partial
Marianne Dawood, Listing Office: NavX Realty, LLC
Is Springboro, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Springboro has remained a Seller's Market.
Key Takeaway
Springboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Springboro, OH
How much do homes in Springboro, OH cost?
Median Sold Price
$385,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$7,016(+1.9%)
Key Takeaway
Homes in Springboro have sold for 1.9% more than they did a year ago.
Summary: The median home sold price in Springboro was $385,000 in August 2024, up 1.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $295K | $282.5K | -4.2% |
| 3 Bedrooms | $311.5K | $301.7K | -3.1% |
| 4 Bedrooms | $436K | $450K | +3.2% |
| 5+ Bedrooms | $560K | $595K | +6.3% |
Summary: Springboro housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6.3%.
Median Sold Price Compared To Nearby Cities
| Franklin Township | $242.6K | $270K | +11.3% |
| Franklin | $235.1K | $260K | +10.6% |
| Miami Township | $222.2K | $239.2K | +7.6% |
| Springboro | $377.9K | $385K | +1.9% |
| Clear Creek Township | $419.9K | $426.6K | +1.6% |
Housing Supply in Springboro, OH
How many homes are available in Springboro, OH?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 90 | 82 | -8.9% |
Summary: The Springboro real estate market had 82 homes for sale in August 2024, a 8.9% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 36 | 29 | -19.4% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The Springboro housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 33 | 19 | -42.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Springboro, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Springboro in August 2024, down by 42.4% month-over-month. Of the 19 sold homes, 63% were sold under asking, 5% were sold at asking, and 32% were sold over asking.
Days on Market for Springboro, OH
We’re sorry, we don't have information for this market at the moment
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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.