Is Ashland County, 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, Ashland County has remained a Seller's Market.
Housing Prices in Ashland County, OH
How much do homes in Ashland County, OH cost?
Median Sold Price
$200,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ashland County was $200,000 in May 2024, up 2.6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50K | N/A |
2 Bedrooms | $172.5K | $140K | -18.8% |
3 Bedrooms | $184.5K | $212.5K | +15.2% |
4 Bedrooms | $300K | $255K | -15.0% |
5+ Bedrooms | $407K | $322.5K | -20.8% |
Summary: Ashland County 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 decreased by 18.8%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 20.8%.
Median Sold Price Compared To Nearby Counties
Holmes County | $241.5K | $263K | +8.9% |
Wayne County | $214.7K | $229.9K | +7.1% |
Huron County | $165K | $176K | +6.7% |
Richland County | $200K | $211.6K | +5.8% |
Ashland County | $195K | $200K | +2.6% |
Housing Supply in Ashland County, OH
How many homes are available in Ashland County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
71 | 74 | +4.2% |
Summary: The Ashland County real estate market had 74 homes for sale in May 2024, a 4.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 14 | 15 | +7.1% |
3 Bedrooms | 32 | 32 | 0.0% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Ashland County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 24 | +33.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Ashland County in May 2024, up by 33.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 25% were sold at asking, and 33% were sold over asking.
Days on Market for Ashland County, OH
How long does it take to sell a home in Ashland County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 20 Days | -36.7% |
Summary: Homes in Ashland County had an average of 20 days on market in May 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 24 homes were sold in Ashland County; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.