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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wellington is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Wellington has remained a Seller's Market.

Key Takeaway

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

How much do homes in Wellington, OH cost?

Median Sold Price

$199,950

$127/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$13,500(-6.3%)

Key Takeaway

Homes in Wellington have sold for 6.3% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 --
N/A
3 $213.4K$199.9K
-6.3%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Wellington Township
+32.1%
Wellington
-6.3%

How many homes are available in Wellington, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
11110.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 34
+33.3%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wellington, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
32 Days92 Days+189.1%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wellington are taking a long time to sell, it's a good idea to negotiate on homes here.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Wellington, OH

There are 11 homes are for sale in Wellington, OH real estate market. While the average time on the market in January 2023 was 92 days, the median list price was $199,950. Between January 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, 2 bedrooms properties became 0% more expensive, prices of 3 bedrooms properties went down by 6.3%, 4 bedrooms properties became 0% more expensive, prices of 5 bedrooms properties increased by 0%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 14.3%, the quantity of 4 bedrooms homes went up by 33.3%, volume of 5 bedrooms homes stayed the same. Over 1 listings were sold over their listed price in January 2023 in Wellington, OH. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.