Is Bloomingburg, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bloomingburg is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Bloomingburg, OH

How much do homes in Bloomingburg, OH cost?

Median Sold Price

$192,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$57,500(+42.6%)

Key Takeaway

Homes in Bloomingburg have sold for 42.6% more than they did a year ago.

Summary: The median home sold price in Bloomingburg was $192,500 in May 2024, up 42.6% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$174K
N/A
3 $177.5K$217.5K
+22.5%
4 $94K$176K
+87.2%
5+ --
N/A

Summary: Bloomingburg 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 did not change, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 87.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bloomingburg
+42.6%
Paint Township
+36.2%
Union Township
+1.3%

Housing Supply in Bloomingburg, OH

How many homes are available in Bloomingburg, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
67+16.7%

Summary: The Bloomingburg real estate market had 7 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Bloomingburg 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bloomingburg, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Bloomingburg in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Bloomingburg, OH

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

Average Sale Time

May 2023May 2024CHANGE
3 Days23 Days+677.8%

Summary: Homes in Bloomingburg had an average of 23 days on market in May 2024, up by 677.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Bloomingburg; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Bloomingburg, OH

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