Is Village of Oak Creek, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Village of Oak Creek is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Village of Oak Creek has remained a Seller's Market.

Key Takeaway

Village of Oak Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Village of Oak Creek, OH

How much do homes in Village of Oak Creek, OH cost?

Median Sold Price

$465,050

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,050(+5.0%)

Key Takeaway

Homes in Village of Oak Creek have sold for 5% more than they did a year ago.

Summary: The median home sold price in Village of Oak Creek was $465,050 in April 2024, up 5% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $422.4K$450.1K
+6.5%
4 $455K$480K
+5.5%
5+ --
N/A

Summary: Village of Oak Creek housing prices by bedroom type for April 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 6.5%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes did not change.

Housing Supply in Village of Oak Creek, OH

How many homes are available in Village of Oak Creek, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
45+25.0%

Summary: The Village of Oak Creek real estate market had 5 homes for sale in April 2024, a 25.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Village of Oak Creek housing inventory by bedroom type for April 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Village of Oak Creek, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Village of Oak Creek in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Village of Oak Creek, OH

How long does it take to sell a home in Village of Oak Creek, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days3 Days-63.0%

Summary: Homes in Village of Oak Creek had an average of 3 days on market in Apr 2024, down by 63% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Village of Oak Creek are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Village of Oak Creek; 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 19 Days Ago

Newest Listings in Village of Oak Creek, OH

Nearby Markets to Village of Oak Creek, OH