Is Vandalia, 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, Vandalia has remained a Seller's Market.
Key Takeaway
Vandalia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vandalia, OH
How much do homes in Vandalia, OH cost?
Median Sold Price
$223,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Vandalia have sold for 9% more than they did a year ago.
Summary: The median home sold price in Vandalia was $223,500 in April 2024, up 9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $116.5K | N/A |
| 2 Bedrooms | $192K | $165.2K | -13.9% |
| 3 Bedrooms | $187K | $206.5K | +10.4% |
| 4 Bedrooms | $308.2K | $300K | -2.7% |
| 5+ Bedrooms | $270K | $360K | +33.3% |
Summary: Vandalia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 33.3%.
Median Sold Price Compared To Nearby Cities
| Harrison Township | $113.9K | $125K | +9.7% |
| Vandalia | $205K | $223.5K | +9.0% |
| Huber Heights | $195K | $204.2K | +4.7% |
| Butler Township | $259.9K | $265.2K | +2.0% |
| Bethel Township | $289K | $248K | -14.2% |
Housing Supply in Vandalia, OH
How many homes are available in Vandalia, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 43 | +7.5% |
Summary: The Vandalia real estate market had 43 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 27 | 28 | +3.7% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Vandalia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vandalia, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Vandalia in April 2024, the same as the previous month. Of the 13 sold homes, 46% were sold under asking, 8% were sold at asking, and 46% were sold over asking.
Days on Market for Vandalia, OH
How long does it take to sell a home in Vandalia, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 76 Days | 58 Days | -23.4% |
Summary: Homes in Vandalia had an average of 58 days on market in Apr 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Vandalia has remained consistent over time.
Summary: During April 2024, 13 homes were sold in Vandalia; 0% of homes were sold within 30 days, 85% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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