Is Roaming Shores, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Roaming Shores has remained a Seller's Market.
Key Takeaway
Roaming Shores is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roaming Shores, OH
How much do homes in Roaming Shores, OH cost?
Median Sold Price
$257,500
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Roaming Shores have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Roaming Shores was $257,500 in May 2024, down 3.9% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $325K | $219.9K | -32.3% |
| 3 Bedrooms | $240.9K | $252.5K | +4.8% |
| 4 Bedrooms | $268K | $817K | +204.9% |
| 5+ Bedrooms | $525K | $740K | +41.0% |
Summary: Roaming Shores housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 204.9%, and 5+ bedroom homes increased by 41%.
Median Sold Price Compared To Nearby Cities
| Rock Creek | $183K | $230.5K | +26.0% |
| Rome Township | $240.9K | $250K | +3.8% |
| Morgan Township | $220K | $225.4K | +2.5% |
| Rome | $240.9K | $239K | -0.8% |
| Roaming Shores | $268K | $257.5K | -3.9% |
Housing Supply in Roaming Shores, OH
How many homes are available in Roaming Shores, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 25 | 32 | +28.0% |
Summary: The Roaming Shores real estate market had 32 homes for sale in May 2024, a 28.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Roaming Shores 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 remained the same, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 13 | +333.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roaming Shores, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Roaming Shores in May 2024, up by 333.3% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for Roaming Shores, OH
How long does it take to sell a home in Roaming Shores, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 127 Days | 42 Days | -66.4% |
Summary: Homes in Roaming Shores had an average of 42 days on market in May 2024, down by 66.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Roaming Shores are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Roaming Shores; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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