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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Glenville, OH

How much do homes in Glenville, OH cost?

Median Sold Price

$60,752

$33/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$1,747(-2.8%)

Key Takeaway

Homes in Glenville have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Glenville was $60,752 in May 2024, down 2.8% from last year, and the median price per square foot was $33.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $146K$105K
-28.1%
2 $56.5K$104K
+84.1%
3 $55K$49.9K
-9.3%
4 $57K$58K
+1.8%
5+ $79.2K$87.5K
+10.4%

Summary: Glenville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.1%, 2 bedroom homes increased by 84.1%, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 10.4%.

Housing Supply in Glenville, OH

How many homes are available in Glenville, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
122139+13.9%

Summary: The Glenville real estate market had 139 homes for sale in May 2024, a 13.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 45
+25.0%
3 3555
+57.1%
4 5044
-12.0%
5+ 3335
+6.1%

Summary: The Glenville 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 increased by 25%, 3 bedroom homes increased by 57.1%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3228-12.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenville, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Glenville in May 2024, down by 12.5% month-over-month. Of the 28 sold homes, 75% were sold under asking, 7% were sold at asking, and 18% were sold over asking.

Days on Market for Glenville, OH

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

Average Sale Time

May 2023May 2024CHANGE
71 Days66 Days-6.5%

Summary: Homes in Glenville had an average of 66 days on market in May 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 28 homes were sold in Glenville; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

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