Is Thornville, 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, Thornville has remained a Seller's Market.
Housing Prices in Thornville, OH
How much do homes in Thornville, OH cost?
Median Sold Price
$307,500
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Thornville was $307,500 in May 2024, down 12.1% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.2K | $183.5K | +43.1% |
2 Bedrooms | $187K | $255K | +36.4% |
3 Bedrooms | $350.4K | $310K | -11.5% |
4 Bedrooms | $422.5K | $487.5K | +15.4% |
5+ Bedrooms | $475K | $642.5K | +35.3% |
Summary: Thornville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 43.1%, 2 bedroom homes increased by 36.4%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 35.3%.
Median Sold Price Compared To Nearby Cities
Thornville | $349.9K | $307.5K | -12.1% |
Thorn Township | $415K | $355K | -14.5% |
Housing Supply in Thornville, OH
How many homes are available in Thornville, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
44 | 46 | +4.5% |
Summary: The Thornville real estate market had 46 homes for sale in May 2024, a 4.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Thornville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Thornville in May 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Thornville, OH
How long does it take to sell a home in Thornville, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 14 Days | -69.3% |
Summary: Homes in Thornville had an average of 14 days on market in May 2024, down by 69.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Thornville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.