Is Fostoria, 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, Fostoria has remained a Seller's Market.
Key Takeaway
Fostoria is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fostoria, OH
How much do homes in Fostoria, OH cost?
Median Sold Price
$146,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fostoria have sold for 21.7% more than they did a year ago.
Summary: The median home sold price in Fostoria was $146,000 in May 2024, up 21.7% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $54.2K | $25.7K | -52.5% |
| 2 Bedrooms | $102.8K | $110.3K | +7.3% |
| 3 Bedrooms | $122K | $146K | +19.7% |
| 4 Bedrooms | $161K | $198K | +23.0% |
| 5+ Bedrooms | $371.2K | $187.5K | -49.5% |
Summary: Fostoria housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 23%, and 5+ bedroom homes decreased by 49.5%.
Median Sold Price Compared To Nearby Cities
| Fostoria | $120K | $146K | +21.7% |
| Jackson Township | $178.9K | $204K | +14.0% |
| Washington Township | $135K | $150K | +11.1% |
| Perry Township | $240K | $260K | +8.3% |
Housing Supply in Fostoria, OH
How many homes are available in Fostoria, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 51 | 44 | -13.7% |
Summary: The Fostoria real estate market had 44 homes for sale in May 2024, a 13.7% 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 | 8 | 8 | 0.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Fostoria 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 10.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fostoria, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Fostoria in May 2024, up by 54.5% month-over-month. Of the 17 sold homes, 53% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Fostoria, OH
How long does it take to sell a home in Fostoria, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 84 Days | +61.5% |
Summary: Homes in Fostoria had an average of 84 days on market in May 2024, up by 61.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fostoria has remained consistent over time.
Summary: During May 2024, 17 homes were sold in Fostoria; 12% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.