Is Swanton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Swanton was a Neutral Market.
Key Takeaway
Swanton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Swanton, OH
How much do homes in Swanton, OH cost?
Median Sold Price
$279,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Swanton have sold for 46.8% more than they did a year ago.
Summary: The median home sold price in Swanton was $279,000 in May 2024, up 46.8% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74.2K | N/A |
| 2 Bedrooms | $166K | $184.9K | +11.4% |
| 3 Bedrooms | $177.9K | $289.9K | +62.9% |
| 4 Bedrooms | $275K | $325K | +18.2% |
| 5+ Bedrooms | $283.5K | $400K | +41.1% |
Summary: Swanton 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 increased by 11.4%, 3 bedroom homes increased by 62.9%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 41.1%.
Median Sold Price Compared To Nearby Cities
| Fulton Township | $182K | $270K | +48.4% |
| Swanton | $190K | $279K | +46.8% |
| Swanton Township | $190K | $279K | +46.8% |
| Swan Creek Township | $187K | $216.3K | +15.7% |
Housing Supply in Swanton, OH
How many homes are available in Swanton, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 36 | +80.0% |
Summary: The Swanton real estate market had 36 homes for sale in May 2024, a 80.0% 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 | 3 | +50.0% |
| 3 Bedrooms | 12 | 23 | +91.7% |
| 4 Bedrooms | 4 | 9 | +125.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Swanton 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 increased by 50%, 3 bedroom homes increased by 91.7%, 4 bedroom homes increased by 125%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swanton, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Swanton in May 2024, the same as the previous month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for Swanton, OH
How long does it take to sell a home in Swanton, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 20 Days | -69.1% |
Summary: Homes in Swanton had an average of 20 days on market in May 2024, down by 69.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Swanton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Swanton; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.