Is Amsterdam, 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, Amsterdam has remained a Seller's Market.
Key Takeaway
Amsterdam is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Amsterdam, OH
How much do homes in Amsterdam, OH cost?
Median Sold Price
$140,000
$120/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Amsterdam have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Amsterdam was $140,000 in May 2024, down 3.4% from last year, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82.5K | - | N/A |
| 2 Bedrooms | - | $115K | N/A |
| 3 Bedrooms | $117.5K | $133.5K | +13.6% |
| 4 Bedrooms | $245K | $300K | +22.4% |
| 5+ Bedrooms | $310K | $600K | +93.5% |
Summary: Amsterdam 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 did not change, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 93.5%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $170K | $180K | +5.9% |
| Amsterdam | $140K | $140K | 0.0% |
| Amsterdam | $145K | $140K | -3.4% |
Housing Supply in Amsterdam, OH
How many homes are available in Amsterdam, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Amsterdam real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Amsterdam 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Amsterdam, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Amsterdam in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Amsterdam, OH
How long does it take to sell a home in Amsterdam, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 110 Days | 127 Days | +15.5% |
Summary: Homes in Amsterdam had an average of 127 days on market in May 2024, up by 15.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Amsterdam are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 1 homes were sold in Amsterdam; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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