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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willard is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Willard was a Neutral Market.

Key Takeaway

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

Housing Prices in Willard, OH

How much do homes in Willard, OH cost?

Median Sold Price

$156,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+13.9%)

Key Takeaway

Homes in Willard have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Willard was $156,000 in April 2024, up 13.9% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $125.4K$125K
-0.4%
3 $135K$156K
+15.6%
4 $209.5K$190K
-9.3%
5+ $126.1K$449.5K
+256.5%

Summary: Willard 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 decreased by 0.4%, 3 bedroom homes increased by 15.6%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes increased by 256.5%.

Median Sold Price Compared To Nearby Cities

Willard
+13.9%
Richmond Township
+10.6%
New Haven Township
+7.9%
Greenfield Township
-0.9%

Housing Supply in Willard, OH

How many homes are available in Willard, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3231-3.1%

Summary: The Willard real estate market had 31 homes for sale in April 2024, a 3.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1613
-18.8%
4 78
+14.3%
5+ 45
+25.0%

Summary: The Willard 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 decreased by 18.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
419+375.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willard, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Willard in April 2024, up by 375.0% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for Willard, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days64 Days+32.2%

Summary: Homes in Willard had an average of 64 days on market in Apr 2024, up by 32.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in Willard; 26% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 26% 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 6 Days Ago

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