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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wellston is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Wellston, OH

How much do homes in Wellston, OH cost?

Median Sold Price

$145,000

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,550(+34.9%)

Key Takeaway

Homes in Wellston have sold for 34.9% more than they did a year ago.

Summary: The median home sold price in Wellston was $145,000 in April 2024, up 34.9% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $73.7K$105K
+42.4%
3 $117K$145K
+23.9%
4 $147.9K$198K
+33.8%
5+ -$310K
N/A

Summary: Wellston 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 42.4%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wellston
+34.9%
Clinton Township
-16.5%

Housing Supply in Wellston, OH

How many homes are available in Wellston, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Wellston real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 11
0.0%
5+ 33
0.0%

Summary: The Wellston 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 remained the same, 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

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wellston, you may be able to get a good deal. 100% of homes here sold below asking price last month.

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

Days on Market for Wellston, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
23 Days36 Days+59.4%

Summary: Homes in Wellston had an average of 36 days on market in Apr 2024, up by 59.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Wellston; 33% of homes were sold within 30 days, 67% 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 8 Days Ago

Newest Listings in Wellston, OH

Nearby Markets to Wellston, OH