Is Ashtabula County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ashtabula County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Ashtabula County, OH

How much do homes in Ashtabula County, OH cost?

Median Sold Price

$159,878

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,978(+6.7%)

Key Takeaway

Homes in Ashtabula County have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Ashtabula County was $159,878 in April 2024, up 6.7% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $71K$52K
-26.8%
2 $115K$125K
+8.7%
3 $155K$160.5K
+3.5%
4 $180K$186.7K
+3.8%
5+ $165K$186K
+12.7%

Summary: Ashtabula County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.8%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Counties

Lake County
+7.5%
Ashtabula County
+6.7%
Geauga County
+3.2%

Housing Supply in Ashtabula County, OH

How many homes are available in Ashtabula County, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
256298+16.4%

Summary: The Ashtabula County real estate market had 298 homes for sale in April 2024, a 16.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 23
+50.0%
2 3747
+27.0%
3 133162
+21.8%
4 6469
+7.8%
5+ 2017
-15.0%

Summary: The Ashtabula County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5660+7.1%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ashtabula County, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Summary: A total of 60 homes were sold or pending in Ashtabula County in April 2024, up by 7.1% month-over-month. Of the 60 sold homes, 43% were sold under asking, 22% were sold at asking, and 35% were sold over asking.

Days on Market for Ashtabula County, OH

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

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days57 Days-10.7%

Summary: Homes in Ashtabula County had an average of 57 days on market in Apr 2024, down by 10.7% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ashtabula County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 60 homes were sold in Ashtabula County; 52% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 20% 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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