Is Belmont County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Belmont County was a Seller's Market.
Key Takeaway
Belmont County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Belmont County, OH
How much do homes in Belmont County, OH cost?
Median Sold Price
$145,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Belmont County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Belmont County was $145,000 in April 2024, up 6.2% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $64.9K | +116.3% |
| 2 Bedrooms | $100K | $90K | -10.0% |
| 3 Bedrooms | $145.7K | $155K | +6.3% |
| 4 Bedrooms | $190K | $222K | +16.8% |
| 5+ Bedrooms | $247K | $290K | +17.4% |
Summary: Belmont County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.3%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Counties
| Harrison County | $134K | $145K | +8.2% |
| Belmont County | $136.5K | $145K | +6.2% |
| Jefferson County | $126K | $131.8K | +4.6% |
Housing Supply in Belmont County, OH
How many homes are available in Belmont County, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 201 | 213 | +6.0% |
Summary: The Belmont County real estate market had 213 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 46 | 45 | -2.2% |
| 3 Bedrooms | 113 | 118 | +4.4% |
| 4 Bedrooms | 33 | 38 | +15.2% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Belmont 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 decreased by 2.2%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 35 | -18.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Belmont County, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Belmont County in April 2024, down by 18.6% month-over-month. Of the 35 sold homes, 49% were sold under asking, 20% were sold at asking, and 31% were sold over asking.
Days on Market for Belmont County, OH
How long does it take to sell a home in Belmont County, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 101 Days | +32.9% |
Summary: Homes in Belmont County had an average of 101 days on market in Apr 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Belmont County has remained consistent over time.
Summary: During April 2024, 35 homes were sold in Belmont County; 6% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.
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