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 November 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

$320,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$45,450(-12.4%)

Key Takeaway

Homes in Waterville have sold for 12.4% less than they did a year ago.

Summary: The median home sold price in Waterville was $320,000 in November 2024, down 12.4% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $230K$237.5K
+3.3%
3 $337.5K$297K
-12.0%
4 $410K$402.9K
-1.7%
5+ $525K$392.5K
-25.2%

Summary: Waterville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.3%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes decreased by 25.2%.

Median Sold Price Compared To Nearby Cities

Middleton Township
+4.7%
Waterville Township
-5.4%
Waterville
-12.4%

Housing Supply in Waterville, OH

How many homes are available in Waterville, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4541-8.9%

Summary: The Waterville real estate market had 41 homes for sale in November 2024, a 8.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1717
0.0%
4 1713
-23.5%
5+ 45
+25.0%

Summary: The Waterville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Waterville in November 2024, down by 35.7% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
96 Days52 Days-45.3%

Summary: Homes in Waterville had an average of 52 days on market in Nov 2024, down by 45.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 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 November 2024, 9 homes were sold in Waterville; 33% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 22% 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 8 Days Ago

Newest Listings in Waterville, OH

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