Is Cedarville, 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, Cedarville has remained a Seller's Market.
Key Takeaway
Cedarville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedarville, OH
How much do homes in Cedarville, OH cost?
Median Sold Price
$257,500
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Cedarville have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Cedarville was $257,500 in May 2024, up 9.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $98K | $117.2K | +19.6% |
| 3 Bedrooms | $220K | $240K | +9.1% |
| 4 Bedrooms | $249.9K | $330K | +32.1% |
| 5+ Bedrooms | $297.5K | $257.5K | -13.4% |
Summary: Cedarville 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 19.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Cities
| Cedarville | $235K | $257.5K | +9.6% |
| Cedarville Township | $235K | $257.5K | +9.6% |
Housing Supply in Cedarville, OH
How many homes are available in Cedarville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The Cedarville real estate market had 2 homes for sale in May 2024, a 60.0% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Cedarville 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
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 Cedarville, 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 Cedarville in May 2024, down by 75.0% 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 Cedarville, OH
How long does it take to sell a home in Cedarville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 64 Days | 22 Days | -65.8% |
Summary: Homes in Cedarville had an average of 22 days on market in May 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cedarville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Cedarville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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