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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bellville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bellville has remained a Seller's Market.

Key Takeaway

Bellville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bellville, OH

How much do homes in Bellville, OH cost?

Median Sold Price

$359,950

$174/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$160,050(-30.8%)

Key Takeaway

Homes in Bellville have sold for 30.8% less than they did a month ago.

Summary: The median home sold price in Bellville was $359,950 in May 2024, down 30.8% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$159.9K
N/A
3 --
N/A
4 $520K-
N/A
5+ -$560K
N/A

Summary: Bellville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bellville, OH

How many homes are available in Bellville, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
49+125.0%

Summary: The Bellville real estate market had 9 homes for sale in May 2024, a 125.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 03
+100.0%
4 23
+50.0%
5+ 12
+100.0%

Summary: The Bellville 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 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bellville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bellville in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bellville, OH

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

Average Sale Time

Apr 2024May 2024CHANGE
5 Days252 Days+4950.0%

Summary: Homes in Bellville had an average of 252 days on market in May 2024, up by 4950% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Bellville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Bellville, OH

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