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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stoutsville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Stoutsville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Stoutsville, OH

How much do homes in Stoutsville, OH cost?

Median Sold Price

$379,500

$175/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$37,500(+11.0%)

Key Takeaway

Homes in Stoutsville have sold for 11% more than they did a month ago.

Summary: The median home sold price in Stoutsville was $379,500 in March 2024, up 11% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 -$315K
N/A
4 $342K$399K
+16.7%
5+ --
N/A

Summary: Stoutsville 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 increased by 16.7%, and 5+ bedroom homes did not change.

Housing Supply in Stoutsville, OH

How many homes are available in Stoutsville, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1011+10.0%

Summary: The Stoutsville real estate market had 11 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 34
+33.3%
4 66
0.0%
5+ 00
0.0%

Summary: The Stoutsville 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 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 Stoutsville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Stoutsville in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Stoutsville, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
112 Days85 Days-23.4%

Summary: Homes in Stoutsville had an average of 85 days on market in Mar 2024, down by 23.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Stoutsville has remained consistent over time.

Summary: During March 2024, 4 homes were sold in Stoutsville; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 18 Days Ago

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