Is Batavia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Batavia has remained a Seller's Market.
Key Takeaway
Batavia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Batavia, OH
How much do homes in Batavia, OH cost?
Median Sold Price
$400,000
$154/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Batavia have sold for 1.9% more than they did a month ago.
Summary: The median home sold price in Batavia was $400,000 in May 2024, up 1.9% from last month, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $392.5K | $215.2K | -45.2% |
| 4 Bedrooms | - | $400K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Batavia housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Batavia Township | $259K | $296K | +14.3% |
| Batavia | $392.5K | $400K | +1.9% |
Housing Supply in Batavia, OH
How many homes are available in Batavia, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Summary: The Batavia real estate market had 21 homes for sale in May 2024, a 90.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 4 | +300.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 3 | 7 | +133.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Batavia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
4 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 Batavia, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Batavia in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Batavia, OH
How long does it take to sell a home in Batavia, OH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 16 Days | -70.9% |
Summary: Homes in Batavia had an average of 16 days on market in May 2024, down by 70.9% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Batavia are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Batavia; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% 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.