Is Dennison, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dennison has remained a Seller's Market.
Key Takeaway
Dennison is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dennison, OH
How much do homes in Dennison, OH cost?
Median Sold Price
$139,950
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Dennison have sold for 12% more than they did a year ago.
Summary: The median home sold price in Dennison was $139,950 in April 2024, up 12% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $68.2K | N/A |
| 2 Bedrooms | $93.5K | $124.9K | +33.6% |
| 3 Bedrooms | $127.4K | $153.2K | +20.2% |
| 4 Bedrooms | $162K | $185K | +14.2% |
| 5+ Bedrooms | $1.0M | $103K | -90.1% |
Summary: Dennison 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 33.6%, 3 bedroom homes increased by 20.2%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 90.1%.
Median Sold Price Compared To Nearby Cities
| Dennison | $124.9K | $139.9K | +12.0% |
| Uhrichsville | $114.5K | $127.5K | +11.4% |
| Mill Township | $113K | $122K | +8.0% |
Housing Supply in Dennison, OH
How many homes are available in Dennison, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 12 | -33.3% |
Summary: The Dennison real estate market had 12 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dennison housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dennison, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Dennison in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Dennison, OH
How long does it take to sell a home in Dennison, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 108 Days | 24 Days | -77.2% |
Summary: Homes in Dennison had an average of 24 days on market in Apr 2024, down by 77.2% 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
Key Takeaway
Many homes in Dennison are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Dennison; 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.
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