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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waterville is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Waterville, OH

How much do homes in Waterville, OH cost?

Median Sold Price

$329,900

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$29,900(+10.0%)

Key Takeaway

Homes in Waterville have sold for 10% more than they did a year ago.

Summary: The median home sold price in Waterville was $329,900 in April 2024, up 10% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $180K$230K
+27.8%
3 $263.5K$299K
+13.5%
4 $380K$410K
+7.9%
5+ $465K$382K
-17.8%

Summary: Waterville 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 increased by 27.8%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes decreased by 17.8%.

Median Sold Price Compared To Nearby Cities

Waterville Township
+12.9%
Middleton Township
+10.2%
Waterville
+10.0%

Housing Supply in Waterville, OH

How many homes are available in Waterville, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2429+20.8%

Summary: The Waterville real estate market had 29 homes for sale in April 2024, a 20.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1213
+8.3%
4 79
+28.6%
5+ 11
0.0%

Summary: The Waterville 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 increased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waterville, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Waterville in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Waterville, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days109 Days+128.2%

Summary: Homes in Waterville had an average of 109 days on market in Apr 2024, up by 128.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Waterville; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 4 Days Ago

Newest Listings in Waterville, OH

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