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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vienna is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Vienna, OH

How much do homes in Vienna, OH cost?

Median Sold Price

$194,250

$125/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$24,250(+14.3%)

Key Takeaway

Homes in Vienna have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Vienna was $194,250 in May 2024, up 14.3% from last year, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $144K$177K
+22.9%
3 $170K$162K
-4.7%
4 $280.9K$294.9K
+5.0%
5+ -$210K
N/A

Summary: Vienna 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 22.9%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vienna Township
+20.2%
Vienna
+14.3%
Girard
+10.7%
Liberty Township
+7.4%
Brookfield
-14.1%

Housing Supply in Vienna, OH

How many homes are available in Vienna, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
911+22.2%

Summary: The Vienna real estate market had 11 homes for sale in May 2024, a 22.2% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 69
+50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Vienna 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vienna, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Vienna in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Vienna, OH

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

Average Sale Time

May 2023May 2024CHANGE
29 Days74 Days+153.1%

Summary: Homes in Vienna had an average of 74 days on market in May 2024, up by 153.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vienna are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Vienna; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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

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