Is Duncan Falls, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Duncan Falls is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Duncan Falls, OH

How much do homes in Duncan Falls, OH cost?

Median Sold Price

$195,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$27,000(-12.2%)

Key Takeaway

Homes in Duncan Falls have sold for 12.2% less than they did a year ago.

Summary: The median home sold price in Duncan Falls was $195,000 in May 2024, down 12.2% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $93.2K$169.2K
+81.5%
3 $222K$195K
-12.2%
4 $186.2K$223K
+19.7%
5+ $260K$315K
+21.2%

Summary: Duncan Falls 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 increased by 81.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 21.2%.

Median Sold Price Compared To Nearby Cities

Wayne Township
+19.0%
Harrison Township
+3.8%
Duncan Falls
-12.2%

Housing Supply in Duncan Falls, OH

How many homes are available in Duncan Falls, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
35+66.7%

Summary: The Duncan Falls real estate market had 5 homes for sale in May 2024, a 66.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 14
+300.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Duncan Falls 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 decreased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Duncan Falls, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Duncan Falls in May 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Duncan Falls, OH

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

Average Sale Time

May 2023May 2024CHANGE
22 Days55 Days+150.0%

Summary: Homes in Duncan Falls had an average of 55 days on market in May 2024, up by 150% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Duncan Falls has remained consistent over time.

Summary: During May 2024, 1 homes were sold in Duncan Falls; 0% of homes were sold within 30 days, 100% 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 Duncan Falls, OH

Nearby Markets to Duncan Falls, OH