Is Dresden, 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, Dresden has remained a Neutral Market.
Housing Prices in Dresden, OH
How much do homes in Dresden, OH cost?
Median Sold Price
$207,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dresden was $207,000 in April 2024, up 9.5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $155K | $163.5K | +5.5% |
3 Bedrooms | $197.5K | $220K | +11.4% |
4 Bedrooms | $124K | $349.9K | +182.2% |
5+ Bedrooms | $301.5K | $92K | -69.5% |
Summary: Dresden 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 5.5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 182.2%, and 5+ bedroom homes decreased by 69.5%.
Median Sold Price Compared To Nearby Cities
Dresden | $189K | $207K | +9.5% |
Madison Township | $193.9K | $201K | +3.6% |
Jefferson Township | $181.7K | $180K | -0.9% |
Housing Supply in Dresden, OH
How many homes are available in Dresden, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Dresden real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Dresden 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Dresden in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Dresden, OH
How long does it take to sell a home in Dresden, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 31 Days | -13.0% |
Summary: Homes in Dresden had an average of 31 days on market in Apr 2024, down by 13% 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
Summary: During April 2024, 3 homes were sold in Dresden; 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.