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$231,710
- The average Ohio home value is $231,710, up 5.7% over the past year and goes to pending in around 7 days.
www.zillow.com/home-values/44/oh/
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- Key Factors Influencing The Ohio Housing Market Forecast
- Ohio Housing Market Forecast For 2024
- Ohio Housing Market Forecast For 2025
- Looking Ahead: Considerations For The Long-Term Ohio Housing Market
Several key factors will play a significant role in shaping the Ohio housing market forecastfor the next two years. These factors include: 1. Interest Rates:The Federal Reserve's aggressive interest rate hikes have significantly impacted the housing market. Higher interest rates make mortgages more expensive, impacting affordability and potentially...
Forecasting the Ohio Housing Market: A Regional Perspective While a statewide forecast is helpful, it's essential to consider regional variations. Here's a breakdown of the expected trends for specific areas in Ohio, based on data from Zillowas of July 31, 2024: Analysis of the 2024 Forecast: 1. Moderate Growth:Many regions in Ohio are expected to ...
Analysis of the 2025 Forecast: 1. Steady Growth:Most regions are projected to experience modest growth in home prices, indicating a continuing trend of stability and healthy market activity. 2. Resilience:Even regions like Toledo that are projected to see minor price declines are expected to remain relatively stable, demonstrating resilience in the...
While the forecasts for 2024 and 2025 provide a snapshot of the short-term trends, several long-term factors will continue to shape the Ohio housing market: 1. Demographic Shifts:The aging population, increased urban migration, and growing Hispanic population will continue to impact housing demand in specific regions. 2. Infrastructure Development:...
Ohio Housing Market. Home prices in Ohio were up 5.7% year-over-year in August. At the same time, the number of homes sold fell 4.1% and the number of homes for sale rose 16.5%.
Jan 7, 2023 · Median home sale price: $224,800 – 7% more than in September 2021; Sale volume: 12,905 – 16.1% less than in September 2021; Months supply of inventory: 2 – compared to 1 in September 2021; Mortgage rates as of November 3 rd,2022: 6.95%
- If you are looking to save some money while buying a house in Ohio, the best time to do so is in the dead of winter (December through January), as...
- In Ohio, as in most of the country, the housing market is expected to correct itself in the coming months, which could lead to lower property price...
- You can try RealAdvisor home value estimator, to get the value of your home in Ohio.
May 24, 2023 · On an average-priced $253,826 home, that comes to $5,076. Should you buy or sell in the Ohio housing market? Deciding whether you’re ready to buy or sell in Ohio involves a lot of questions...
- David Mcmillin
Aug 23, 2024 · Average Home Prices: The median home price in Ohio is $260,500. But, it is expected to decrease due to a rise in inventory in the latter half of 2024. The sale-to-list price ratio is 100.1%, down by 0.68 pt YoY. Home Sales: As per July 2024 data, home sales decreased by 10.8% YoY! Only 11,669 homes were sold, compared to 13,076 last year.
Nov 9, 2023 · The average price of a home in Ohio was $275,461 as of September 2023, according to statistics from Ohio Realtors. That’s quite a bit lower than the nationwide median price for the same month,...
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