Is Oakwood, 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, Oakwood has remained a Seller's Market.
Housing Prices in Oakwood, OH
How much do homes in Oakwood, OH cost?
Median Sold Price
$350,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakwood was $350,000 in April 2024, up 9.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.5K | $89.9K | +5.2% |
2 Bedrooms | $222K | $249.5K | +12.4% |
3 Bedrooms | $295.9K | $324K | +9.5% |
4 Bedrooms | $424.9K | $442.5K | +4.1% |
5+ Bedrooms | $562.5K | $675K | +20.0% |
Summary: Oakwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 20%.
Housing Supply in Oakwood, OH
How many homes are available in Oakwood, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 62 | +34.8% |
Summary: The Oakwood real estate market had 62 homes for sale in April 2024, a 34.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 15 | 27 | +80.0% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Oakwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Oakwood in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 24% were sold under asking, 35% were sold at asking, and 41% were sold over asking.
Days on Market for Oakwood, OH
How long does it take to sell a home in Oakwood, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 69 Days | -5.1% |
Summary: Homes in Oakwood had an average of 69 days on market in Apr 2024, down by 5.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Oakwood; 12% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.