Is Elmore, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Elmore has remained a Seller's Market.
Housing Prices in Elmore, OH
How much do homes in Elmore, OH cost?
Median Sold Price
$250,000
$89/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Elmore was $250,000 in April 2024, down 2.9% from last month, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $85K | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | $165K | $480K | +190.9% |
5+ Bedrooms | $350K | $250K | -28.6% |
Summary: Elmore 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 increased by 190.9%, and 5+ bedroom homes decreased by 28.6%.
Median Sold Price Compared To Nearby Cities
Washington Township | $155K | $319K | +105.8% |
Elmore | $257.5K | $250K | -2.9% |
Housing Supply in Elmore, OH
How many homes are available in Elmore, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Summary: The Elmore real estate market had 11 homes for sale in April 2024, a 37.5% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 6 | +50.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Elmore 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Elmore in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Elmore, OH
How long does it take to sell a home in Elmore, OH?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 Days | 76 Days | -18.8% |
Summary: Homes in Elmore had an average of 76 days on market in Apr 2024, down by 18.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Elmore; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.