Is Loveland, 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, Loveland has remained a Seller's Market.
Housing Prices in Loveland, OH
How much do homes in Loveland, OH cost?
Median Sold Price
$402,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Loveland was $402,500 in May 2024, down 7.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | - | N/A |
2 Bedrooms | $257K | $219K | -14.8% |
3 Bedrooms | $332.6K | $311K | -6.5% |
4 Bedrooms | $644K | $518K | -19.6% |
5+ Bedrooms | $600K | $560K | -6.7% |
Summary: Loveland 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 14.8%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
Loveland | $435K | $402.5K | -7.5% |
Hamilton Township | $288.3K | $256.1K | -11.2% |
Housing Supply in Loveland, OH
How many homes are available in Loveland, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 36 | +38.5% |
Summary: The Loveland real estate market had 36 homes for sale in May 2024, a 38.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 8 | 13 | +62.5% |
4 Bedrooms | 10 | 16 | +60.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Loveland 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 62.5%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Loveland in May 2024, up by 100.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Loveland, OH
How long does it take to sell a home in Loveland, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
14 Days | 23 Days | +62.8% |
Summary: Homes in Loveland had an average of 23 days on market in May 2024, up by 62.8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Loveland; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.