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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sidney is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Sidney, OH

How much do homes in Sidney, OH cost?

Median Sold Price

$179,900

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,100(-2.8%)

Key Takeaway

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

Summary: The median home sold price in Sidney was $179,900 in May 2024, down 2.8% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $107.5K$65K
-39.5%
2 $159K$147.2K
-7.4%
3 $184K$175K
-4.9%
4 $211K$249.7K
+18.4%
5+ $430K$335K
-22.1%

Summary: Sidney housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.5%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Cities

Franklin Township
+10.7%
Perry Township
+4.8%
Sidney
-2.8%
Clinton Township
-10.1%

Housing Supply in Sidney, OH

How many homes are available in Sidney, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
30300.0%

Summary: The Sidney real estate market had 30 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1714
-17.6%
4 710
+42.9%
5+ 11
0.0%

Summary: The Sidney 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 decreased by 17.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sidney, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Sidney in May 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.

Days on Market for Sidney, OH

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

Average Sale Time

May 2023May 2024CHANGE
65 Days76 Days+17.0%

Summary: Homes in Sidney had an average of 76 days on market in May 2024, up by 17% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sidney has remained consistent over time.

Summary: During May 2024, 9 homes were sold in Sidney; 0% of homes were sold within 30 days, 78% of homes were sold within 30 to 90 days, and 22% 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 1 Day Ago

Newest Listings in Sidney, OH

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