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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trotwood is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Trotwood has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Trotwood, OH

How much do homes in Trotwood, OH cost?

Median Sold Price

$127,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$8,000(-5.9%)

Key Takeaway

Homes in Trotwood have sold for 5.9% less than they did a year ago.

Summary: The median home sold price in Trotwood was $127,000 in February 2024, down 5.9% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $50K$42.7K
-14.5%
2 $55K$92K
+67.3%
3 $124K$116.2K
-6.3%
4 $193.5K$198.2K
+2.5%
5+ $230K$254.9K
+10.9%

Summary: Trotwood housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.5%, 2 bedroom homes increased by 67.3%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 10.9%.

Median Sold Price Compared To Nearby Cities

Dayton
+44.2%
Harrison Township
+13.7%
Englewood
+11.5%
Jefferson Township
+1.2%
Trotwood
-5.9%

Housing Supply in Trotwood, OH

How many homes are available in Trotwood, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6477+20.3%

Summary: The Trotwood real estate market had 77 homes for sale in February 2024, a 20.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 69
+50.0%
3 4455
+25.0%
4 1313
0.0%
5+ 00
0.0%

Summary: The Trotwood housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1221+75.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trotwood, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Trotwood in February 2024, up by 75.0% month-over-month. Of the 21 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.

Days on Market for Trotwood, OH

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

Average Sale Time

Feb 2023Feb 2024CHANGE
37 Days78 Days+106.6%

Summary: Homes in Trotwood had an average of 78 days on market in Feb 2024, up by 106.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 21 homes were sold in Trotwood; 14% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Trotwood, OH

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