Is Martins Ferry, 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, Martins Ferry has remained a Seller's Market.
Housing Prices in Martins Ferry, OH
How much do homes in Martins Ferry, OH cost?
Median Sold Price
$108,007
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Martins Ferry was $108,007 in April 2024, up 5.9% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $54K | +80.0% |
2 Bedrooms | $85K | $87.5K | +2.9% |
3 Bedrooms | $123K | $119K | -3.3% |
4 Bedrooms | $98.2K | $145K | +47.6% |
5+ Bedrooms | $115K | $147.5K | +28.3% |
Summary: Martins Ferry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 2.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
Martins Ferry | $102K | $108K | +5.9% |
Pease Township | $91K | $92.5K | +1.6% |
Housing Supply in Martins Ferry, OH
How many homes are available in Martins Ferry, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The Martins Ferry real estate market had 30 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 7 | 5 | -28.6% |
3 Bedrooms | 16 | 15 | -6.3% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Martins Ferry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Martins Ferry in April 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.
Days on Market for Martins Ferry, OH
How long does it take to sell a home in Martins Ferry, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 157 Days | +188.5% |
Summary: Homes in Martins Ferry had an average of 157 days on market in Apr 2024, up by 188.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Martins Ferry; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.