Is Ashtabula, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ashtabula has remained a Seller's Market.
Key Takeaway
Ashtabula is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ashtabula, OH
How much do homes in Ashtabula, OH cost?
Median Sold Price
$140,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ashtabula have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Ashtabula was $140,000 in April 2024, up 7.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56.2K | $77.5K | +37.8% |
| 2 Bedrooms | $100.2K | $115K | +14.7% |
| 3 Bedrooms | $135K | $145K | +7.4% |
| 4 Bedrooms | $145K | $140K | -3.4% |
| 5+ Bedrooms | $146.5K | $172.5K | +17.7% |
Summary: Ashtabula housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 17.7%.
Median Sold Price Compared To Nearby Cities
| Saybrook Township | $145K | $180K | +24.1% |
| Ashtabula | $130K | $140K | +7.7% |
| Ashtabula Township | $130K | $140K | +7.7% |
Housing Supply in Ashtabula, OH
How many homes are available in Ashtabula, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 113 | +13.0% |
Summary: The Ashtabula real estate market had 113 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 61 | 68 | +11.5% |
| 4 Bedrooms | 20 | 21 | +5.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Ashtabula 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 increased by 36.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ashtabula, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Ashtabula in April 2024, up by 13.0% month-over-month. Of the 26 sold homes, 42% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for Ashtabula, OH
How long does it take to sell a home in Ashtabula, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 37 Days | 58 Days | +54.4% |
Summary: Homes in Ashtabula had an average of 58 days on market in Apr 2024, up by 54.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ashtabula are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in Ashtabula; 58% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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