Is Bellbrook, 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, Bellbrook has remained a Seller's Market.
Key Takeaway
Bellbrook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bellbrook, OH
How much do homes in Bellbrook, OH cost?
Median Sold Price
$395,000
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bellbrook have sold for 26.4% more than they did a year ago.
Summary: The median home sold price in Bellbrook was $395,000 in May 2024, up 26.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $278.5K | $261.5K | -6.1% |
| 3 Bedrooms | $255K | $280K | +9.8% |
| 4 Bedrooms | $453.5K | $463.5K | +2.2% |
| 5+ Bedrooms | $424.5K | $584.9K | +37.8% |
Summary: Bellbrook 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 6.1%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 37.8%.
Median Sold Price Compared To Nearby Cities
| Bellbrook | $312.4K | $395K | +26.4% |
| Washington Township | $305K | $334.6K | +9.7% |
| Centerville | $270.5K | $294.5K | +8.9% |
| Sugarcreek Township | $433.5K | $464.6K | +7.2% |
Housing Supply in Bellbrook, OH
How many homes are available in Bellbrook, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 34 | +13.3% |
Summary: The Bellbrook real estate market had 34 homes for sale in May 2024, a 13.3% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 15 | +66.7% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bellbrook 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 increased by 66.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bellbrook, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Bellbrook in May 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 40% were sold at asking, and 50% were sold over asking.
Days on Market for Bellbrook, OH
How long does it take to sell a home in Bellbrook, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 71 Days | 61 Days | -14.3% |
Summary: Homes in Bellbrook had an average of 61 days on market in May 2024, down by 14.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bellbrook has remained consistent over time.
Summary: During May 2024, 10 homes were sold in Bellbrook; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.