Is Barnesville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Barnesville was a Neutral Market.
Key Takeaway
Barnesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Barnesville, OH
How much do homes in Barnesville, OH cost?
Median Sold Price
$142,500
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Barnesville have sold for 6.2% less than they did a year ago.
Summary: The median home sold price in Barnesville was $142,500 in May 2024, down 6.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $102.5K | $106K | +3.4% |
| 3 Bedrooms | $159K | $167.5K | +5.3% |
| 4 Bedrooms | $148K | $110K | -25.7% |
| 5+ Bedrooms | $320K | $215K | -32.8% |
Summary: Barnesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 25.7%, and 5+ bedroom homes decreased by 32.8%.
Median Sold Price Compared To Nearby Cities
| Barnesville | $152K | $142.5K | -6.3% |
| Warren Township | $139.9K | $130K | -7.1% |
Housing Supply in Barnesville, OH
How many homes are available in Barnesville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 21 | +16.7% |
Summary: The Barnesville real estate market had 21 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Barnesville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Barnesville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Barnesville in May 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Barnesville, OH
How long does it take to sell a home in Barnesville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 63 Days | +37.0% |
Summary: Homes in Barnesville had an average of 63 days on market in May 2024, up by 37% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Barnesville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Barnesville; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.