Is Thornville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Thornville was a Buyer's Market.
Housing Prices in Thornville, OH
How much do homes in Thornville, OH cost?
Median Sold Price
$302,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Thornville was $302,500 in March 2024, down 13.1% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $165K | N/A |
2 Bedrooms | $216K | $234.5K | +8.6% |
3 Bedrooms | $290K | $305K | +5.2% |
4 Bedrooms | $425K | $440K | +3.5% |
5+ Bedrooms | $414.9K | $550K | +32.5% |
Summary: Thornville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 32.5%.
Median Sold Price Compared To Nearby Cities
Thornville | $347.9K | $302.5K | -13.1% |
Thorn Township | $410K | $315K | -23.2% |
Housing Supply in Thornville, OH
How many homes are available in Thornville, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 54 | +5.9% |
Summary: The Thornville real estate market had 54 homes for sale in March 2024, a 5.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 29 | 31 | +6.9% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Thornville 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 increased by 9.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Thornville in March 2024, up by 12.5% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.
Days on Market for Thornville, OH
How long does it take to sell a home in Thornville, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 24 Days | -55.8% |
Summary: Homes in Thornville had an average of 24 days on market in Mar 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Thornville; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.