Is Reminderville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Reminderville was a Buyer's Market.
Key Takeaway
Reminderville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reminderville, OH
How much do homes in Reminderville, OH cost?
Median Sold Price
$310,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Reminderville have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Reminderville was $310,000 in May 2024, down 4.6% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $264K | $150K | -43.2% |
| 3 Bedrooms | $325K | $297.5K | -8.5% |
| 4 Bedrooms | $417.5K | $428.7K | +2.7% |
| 5+ Bedrooms | $452.5K | $559K | +23.5% |
Summary: Reminderville 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 43.2%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 23.5%.
Housing Supply in Reminderville, OH
How many homes are available in Reminderville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Summary: The Reminderville real estate market had 20 homes for sale in May 2024, a 25.0% 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 | 5 | 9 | +80.0% |
| 3 Bedrooms | 6 | 4 | -33.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Reminderville 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 increased by 80%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reminderville, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Reminderville in May 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Reminderville, OH
How long does it take to sell a home in Reminderville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 4 Days | 12 Days | +171.1% |
Summary: Homes in Reminderville had an average of 12 days on market in May 2024, up by 171.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Reminderville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Reminderville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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