Is Ross 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, Ross County has remained a Seller's Market.
Housing Prices in Ross County, OH
How much do homes in Ross County, OH cost?
Median Sold Price
$205,600
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Ross County was $205,600 in May 2024, down 3.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $200K | +66.7% |
2 Bedrooms | $135K | $170K | +25.9% |
3 Bedrooms | $200K | $199.9K | 0% |
4 Bedrooms | $297.4K | $286K | -3.8% |
5+ Bedrooms | $367.5K | $291K | -20.8% |
Summary: Ross County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 25.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 20.8%.
Median Sold Price Compared To Nearby Counties
Fayette County | $170K | $200K | +17.6% |
Pickaway County | $270.3K | $299.5K | +10.8% |
Hocking County | $255K | $255K | 0.0% |
Ross County | $213K | $205.6K | -3.5% |
Housing Supply in Ross County, OH
How many homes are available in Ross County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
73 | 80 | +9.6% |
Summary: The Ross County real estate market had 80 homes for sale in May 2024, a 9.6% 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 | 18 | 15 | -16.7% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Ross County 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 decreased by 16.7%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Ross County in May 2024, up by 5.9% month-over-month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and 17% were sold over asking.
Days on Market for Ross County, OH
How long does it take to sell a home in Ross County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
20 Days | 38 Days | +88.3% |
Summary: Homes in Ross County had an average of 38 days on market in May 2024, up by 88.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Ross County; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.