Is Bremen, 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, Bremen was a Seller's Market.
Key Takeaway
Bremen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bremen, OH
How much do homes in Bremen, OH cost?
Median Sold Price
$255,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bremen have sold for 37.8% more than they did a year ago.
Summary: The median home sold price in Bremen was $255,000 in April 2024, up 37.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $139.5K | - | N/A |
| 2 Bedrooms | $167.5K | $240K | +43.2% |
| 3 Bedrooms | $199.9K | $245K | +22.6% |
| 4 Bedrooms | $375K | $300K | -20.0% |
| 5+ Bedrooms | - | $150K | N/A |
Summary: Bremen housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.2%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bremen | $185.1K | $255K | +37.8% |
| Rush Creek Township | $283K | $295K | +4.2% |
Housing Supply in Bremen, OH
How many homes are available in Bremen, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Bremen real estate market had 24 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bremen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bremen, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bremen in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bremen, OH
How long does it take to sell a home in Bremen, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 77 Days | +400.0% |
Summary: Homes in Bremen had an average of 77 days on market in Apr 2024, up by 400% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bremen are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Bremen; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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.