Is Lucas County, 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, Lucas County has remained a Seller's Market.
Housing Prices in Lucas County, OH
How much do homes in Lucas County, OH cost?
Median Sold Price
$159,976
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lucas County was $159,976 in April 2024, up 6.8% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70.8K | $72.6K | +2.5% |
2 Bedrooms | $95K | $110K | +15.8% |
3 Bedrooms | $143.8K | $152.1K | +5.8% |
4 Bedrooms | $261.8K | $273.4K | +4.4% |
5+ Bedrooms | $340K | $375K | +10.3% |
Summary: Lucas County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.3%.
Median Sold Price Compared To Nearby Counties
Fulton County | $179.9K | $210K | +16.7% |
Lucas County | $149.8K | $159.9K | +6.8% |
Wood County | $244.5K | $260K | +6.3% |
Henry County | $152.5K | $160K | +4.9% |
Monroe County | $229.4K | $239.9K | +4.6% |
Housing Supply in Lucas County, OH
How many homes are available in Lucas County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,160 | 1,284 | +10.7% |
Summary: The Lucas County real estate market had 1,284 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 219 | 220 | 0.5% |
3 Bedrooms | 615 | 684 | +11.2% |
4 Bedrooms | 260 | 313 | +20.4% |
5+ Bedrooms | 59 | 60 | +1.7% |
Summary: The Lucas County 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 0.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 1.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
355 | 371 | +4.5% |
Asking Price vs. Sold Price
147 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
172 Homes Were Sold
Over Asking
Summary: A total of 371 homes were sold or pending in Lucas County in April 2024, up by 4.5% month-over-month. Of the 368 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for Lucas County, OH
How long does it take to sell a home in Lucas County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 64 Days | +17.0% |
Summary: Homes in Lucas County had an average of 64 days on market in Apr 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
217 Homes Were Sold
In 30 - 90 Days
73 Homes Were Sold
Over 90 Days
Summary: During April 2024, 371 homes were sold in Lucas County; 22% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.