Is Trotwood, 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, Trotwood has remained a Seller's Market.
Key Takeaway
Trotwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Trotwood, OH
How much do homes in Trotwood, OH cost?
Median Sold Price
$138,500
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Trotwood have sold for 15.7% more than they did a year ago.
Summary: The median home sold price in Trotwood was $138,500 in May 2024, up 15.7% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $42.7K | $95K | +122.2% |
| 2 Bedrooms | $73.2K | $92K | +25.7% |
| 3 Bedrooms | $114.4K | $127.9K | +11.8% |
| 4 Bedrooms | $191K | $210K | +9.9% |
| 5+ Bedrooms | $240K | $253.9K | +5.8% |
Summary: Trotwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 122.2%, 2 bedroom homes increased by 25.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Trotwood | $119.7K | $138.5K | +15.7% |
| Englewood | $190K | $215K | +13.2% |
| Harrison Township | $114.4K | $127.5K | +11.4% |
| Dayton | $174.9K | $184.9K | +5.7% |
| Jefferson Township | $165K | $165K | 0.0% |
Housing Supply in Trotwood, OH
How many homes are available in Trotwood, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 91 | 84 | -7.7% |
Summary: The Trotwood real estate market had 84 homes for sale in May 2024, a 7.7% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 59 | 55 | -6.8% |
| 4 Bedrooms | 25 | 21 | -16.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Trotwood 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 16.7%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 16%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 27 | 26 | -3.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Trotwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Trotwood in May 2024, down by 3.7% month-over-month. Of the 26 sold homes, 50% were sold under asking, 15% were sold at asking, and 35% were sold over asking.
Days on Market for Trotwood, OH
How long does it take to sell a home in Trotwood, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 74 Days | 100 Days | +35.7% |
Summary: Homes in Trotwood had an average of 100 days on market in May 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Trotwood has remained consistent over time.
Summary: During May 2024, 26 homes were sold in Trotwood; 19% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively 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. Copyright © 2024 DABR MLS. All Rights Reserved