Is Salineville, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Salineville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Salineville has remained a Buyer's Market.

Key Takeaway

Salineville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Salineville, OH

How much do homes in Salineville, OH cost?

Median Sold Price

$119,000

$85/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$141,000(-54.2%)

Key Takeaway

Homes in Salineville have sold for 54.2% less than they did a month ago.

Summary: The median home sold price in Salineville was $119,000 in May 2024, down 54.2% from last month, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $260K$119K
-54.2%
4 --
N/A
5+ --
N/A

Summary: Salineville housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 54.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Salineville, OH

How many homes are available in Salineville, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1013+30.0%

Summary: The Salineville real estate market had 13 homes for sale in May 2024, a 30.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 79
+28.6%
4 33
0.0%
5+ 01
+100.0%

Summary: The Salineville 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 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Salineville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Salineville in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Salineville, OH

How long does it take to sell a home in Salineville, OH?

Average Sale Time

Apr 2024May 2024CHANGE
55 Days4 Days-92.7%

Summary: Homes in Salineville had an average of 4 days on market in May 2024, down by 92.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Salineville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Salineville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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