Is Wauseon, 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, Wauseon has remained a Seller's Market.
Key Takeaway
Wauseon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Wauseon, OH
How much do homes in Wauseon, OH cost?
Median Sold Price
$215,450
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wauseon have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Wauseon was $215,450 in May 2024, up 16.5% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65.1K | - | N/A |
| 2 Bedrooms | $124.9K | $177.5K | +42.1% |
| 3 Bedrooms | $195K | $214.1K | +9.8% |
| 4 Bedrooms | $241.4K | $261K | +8.1% |
| 5+ Bedrooms | $295K | $284.9K | -3.4% |
Summary: Wauseon 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 42.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
| York Township | $163.4K | $207.5K | +27.0% |
| Wauseon | $185K | $215.4K | +16.5% |
| Clinton Township | $196K | $195.5K | -0.3% |
Housing Supply in Wauseon, OH
How many homes are available in Wauseon, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 35 | +12.9% |
Summary: The Wauseon real estate market had 35 homes for sale in May 2024, a 12.9% 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 | 3 | 8 | +166.7% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Wauseon 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 166.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wauseon, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wauseon in May 2024, up by 50.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.
Days on Market for Wauseon, OH
How long does it take to sell a home in Wauseon, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 52 Days | -8.0% |
Summary: Homes in Wauseon had an average of 52 days on market in May 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wauseon has remained consistent over time.
Summary: During May 2024, 9 homes were sold in Wauseon; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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