Is Truro Estates, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Truro Estates is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Truro Estates was a Seller's Market.

Key Takeaway

Truro Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Truro Estates, OH

How much do homes in Truro Estates, OH cost?

Median Sold Price

$184,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,000(+8.2%)

Key Takeaway

Homes in Truro Estates have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Truro Estates was $184,000 in March 2024, up 8.2% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $170K$183K
+7.6%
4 $166K$255K
+53.6%
5+ --
N/A

Summary: Truro Estates 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 did not change, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 53.6%, and 5+ bedroom homes did not change.

Housing Supply in Truro Estates, OH

How many homes are available in Truro Estates, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
78+14.3%

Summary: The Truro Estates real estate market had 8 homes for sale in March 2024, a 14.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 57
+40.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Truro Estates 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 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Truro Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Truro Estates in March 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Truro Estates, OH

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

Average Sale Time

Mar 2023Mar 2024CHANGE
125 Days15 Days-88.0%

Summary: Homes in Truro Estates had an average of 15 days on market in Mar 2024, down by 88% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Truro Estates are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Truro Estates; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

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