Is Moraine, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Moraine was a Buyer's Market.
Key Takeaway
Moraine is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Moraine, OH
How much do homes in Moraine, OH cost?
Median Sold Price
$157,950
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Moraine have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Moraine was $157,950 in April 2024, up 14.9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45.5K | - | N/A |
| 2 Bedrooms | $90K | $98.5K | +9.4% |
| 3 Bedrooms | $140K | $170K | +21.4% |
| 4 Bedrooms | $239.9K | $275K | +14.6% |
| 5+ Bedrooms | - | $350K | N/A |
Summary: Moraine 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 9.4%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Moraine | $137.5K | $157.9K | +14.9% |
| Kettering | $215K | $233.8K | +8.8% |
| Miami Township | $218.7K | $225.5K | +3.1% |
| Jefferson Township | $164K | $165K | +0.6% |
| West Carrollton | $155K | $154.7K | -0.2% |
Housing Supply in Moraine, OH
How many homes are available in Moraine, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Summary: The Moraine real estate market had 15 homes for sale in April 2024, a 25.0% decrease 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 | 6 | 3 | -50.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Moraine 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 decreased by 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Moraine, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Moraine in April 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Moraine, OH
How long does it take to sell a home in Moraine, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 35 Days | 76 Days | +114.0% |
Summary: Homes in Moraine had an average of 76 days on market in Apr 2024, up by 114% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Moraine has remained consistent over time.
Summary: During April 2024, 3 homes were sold in Moraine; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.