Is West Carrollton, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Carrollton is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in West Carrollton, OH

How much do homes in West Carrollton, OH cost?

Median Sold Price

$165,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$15,000(+10.0%)

Key Takeaway

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

Summary: The median home sold price in West Carrollton was $165,000 in May 2024, up 10% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $47K$75K
+59.6%
2 $101.6K$112.4K
+10.7%
3 $165K$175K
+6.1%
4 $225K$215K
-4.4%
5+ $155K$241K
+55.5%

Summary: West Carrollton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 59.6%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 55.5%.

Median Sold Price Compared To Nearby Cities

Moraine
+20.3%
West Carrollton
+10.0%
Miami Township
0.4%
Miamisburg
-0.1%

Housing Supply in West Carrollton, OH

How many homes are available in West Carrollton, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4140-2.4%

Summary: The West Carrollton real estate market had 40 homes for sale in May 2024, a 2.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 13
+200.0%
2 1411
-21.4%
3 1920
+5.3%
4 75
-28.6%
5+ 01
+100.0%

Summary: The West Carrollton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1813-27.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Carrollton, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in West Carrollton in May 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 8% were sold at asking, and 62% were sold over asking.

Days on Market for West Carrollton, OH

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

Average Sale Time

May 2023May 2024CHANGE
66 Days28 Days-57.1%

Summary: Homes in West Carrollton had an average of 28 days on market in May 2024, down by 57.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 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 West Carrollton has remained consistent over time.

Summary: During May 2024, 13 homes were sold in West Carrollton; 38% of homes were sold within 30 days, 62% 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 12 Days Ago

Newest Listings in West Carrollton, OH

Nearby Markets to West Carrollton, OH

What housing markets are near West Carrollton, OH?