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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Xenia is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Xenia, OH

How much do homes in Xenia, OH cost?

Median Sold Price

$218,100

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$12,980(+6.3%)

Key Takeaway

Homes in Xenia have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Xenia was $218,100 in June 2024, up 6.3% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $66.4K$86.5K
+30.3%
2 $146.5K$112.5K
-23.2%
3 $176.7K$193.4K
+9.5%
4 $282K$308.4K
+9.4%
5+ $339K$353.6K
+4.3%

Summary: Xenia housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.3%, 2 bedroom homes decreased by 23.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Cities

Beavercreek Township
+9.3%
Xenia Township
+6.4%
Xenia
+6.3%
Spring Valley Township
-8.0%

Housing Supply in Xenia, OH

How many homes are available in Xenia, OH?

Number of Homes For Sale

May 2024Jun 2024CHANGE
145143-1.4%

Summary: The Xenia real estate market had 143 homes for sale in June 2024, a 1.4% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 711
+57.1%
3 7782
+6.5%
4 4741
-12.8%
5+ 138
-38.5%

Summary: The Xenia housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 38.5%.

Number of Homes Sold

May 2024Jun 2024CHANGE
5247-9.6%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Xenia, you may be able to get a good deal. 46.8% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in Xenia in June 2024, down by 9.6% month-over-month. Of the 47 sold homes, 47% were sold under asking, 26% were sold at asking, and 28% were sold over asking.

Days on Market for Xenia, OH

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

Average Sale Time

Jun 2023Jun 2024CHANGE
45 Days63 Days+38.9%

Summary: Homes in Xenia had an average of 63 days on market in Jun 2024, up by 38.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

32 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 47 homes were sold in Xenia; 11% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 21% 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 26 Days Ago

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