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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conover is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Conover has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Conover, OH

How much do homes in Conover, OH cost?

Median Sold Price

$195,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$58,450(-23.1%)

Key Takeaway

Homes in Conover have sold for 23.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$195K
N/A
3 $157K-
N/A
4 $349.9K-
N/A
5+ --
N/A

Summary: Conover housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Conover, OH

How many homes are available in Conover, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42-50.0%

Summary: The Conover real estate market had 2 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Conover 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 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Conover, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Conover in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Conover, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
90 Days137 Days+52.2%

Summary: Homes in Conover had an average of 137 days on market in Apr 2024, up by 52.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Conover are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Conover; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

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