Is Vandalia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Vandalia has remained a Seller's Market.
Housing Prices in Vandalia, OH
How much do homes in Vandalia, OH cost?
Median Sold Price
$225,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Vandalia was $225,000 in February 2024, up 8.4% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $116.5K | N/A |
2 Bedrooms | $192K | $178.7K | -6.9% |
3 Bedrooms | $183.5K | $205K | +11.7% |
4 Bedrooms | $307K | $290K | -5.5% |
5+ Bedrooms | $275.5K | $357.2K | +29.7% |
Summary: Vandalia housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 29.7%.
Median Sold Price Compared To Nearby Cities
Harrison Township | $109.9K | $125K | +13.7% |
Vandalia | $207.5K | $225K | +8.4% |
Butler Township | $260K | $272K | +4.6% |
Huber Heights | $195.2K | $200K | +2.5% |
Bethel Township | $289K | $277.2K | -4.1% |
Housing Supply in Vandalia, OH
How many homes are available in Vandalia, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
35 | 42 | +20.0% |
Summary: The Vandalia real estate market had 42 homes for sale in February 2024, a 20.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Vandalia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 16 | +300.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Vandalia in February 2024, up by 300.0% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Vandalia, OH
How long does it take to sell a home in Vandalia, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
63 Days | 59 Days | -7.4% |
Summary: Homes in Vandalia had an average of 59 days on market in Feb 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 16 homes were sold in Vandalia; 6% of homes were sold within 30 days, 81% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.