Is Tiffin, 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, Tiffin has remained a Seller's Market.
Housing Prices in Tiffin, OH
How much do homes in Tiffin, OH cost?
Median Sold Price
$159,900
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tiffin was $159,900 in March 2024, up 13.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71K | $115K | +62.0% |
2 Bedrooms | $107.9K | $136.2K | +26.3% |
3 Bedrooms | $145K | $165K | +13.8% |
4 Bedrooms | $160K | $219K | +36.9% |
5+ Bedrooms | $132.5K | $190K | +43.4% |
Summary: Tiffin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 36.9%, and 5+ bedroom homes increased by 43.4%.
Median Sold Price Compared To Nearby Cities
Tiffin | $140.4K | $159.9K | +13.9% |
Clinton Township | $242.5K | $225K | -7.2% |
Housing Supply in Tiffin, OH
How many homes are available in Tiffin, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 55 | +5.8% |
Summary: The Tiffin real estate market had 55 homes for sale in March 2024, a 5.8% 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 | 7 | 8 | +14.3% |
3 Bedrooms | 29 | 31 | +6.9% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Tiffin 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 14.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 27 | +170.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Tiffin in March 2024, up by 170.0% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Tiffin, OH
How long does it take to sell a home in Tiffin, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 80 Days | +87.9% |
Summary: Homes in Tiffin had an average of 80 days on market in Mar 2024, up by 87.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Tiffin; 22% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.