Is Bremen, 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, Bremen has remained a Buyer's Market.
Housing Prices in Bremen, OH
How much do homes in Bremen, OH cost?
Median Sold Price
$265,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bremen was $265,000 in May 2024, up 43.2% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $167.5K | $225K | +34.3% |
3 Bedrooms | $199.9K | $245K | +22.6% |
4 Bedrooms | $470K | $300K | -36.2% |
5+ Bedrooms | $150K | - | N/A |
Summary: Bremen housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.3%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 36.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bremen | $185.1K | $265K | +43.2% |
Rush Creek Township | $271.4K | $295K | +8.7% |
Housing Supply in Bremen, OH
How many homes are available in Bremen, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 22 | +46.7% |
Summary: The Bremen real estate market had 22 homes for sale in May 2024, a 46.7% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 4 | 8 | +100.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bremen 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 remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bremen in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Bremen, OH
How long does it take to sell a home in Bremen, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
124 Days | 19 Days | -84.4% |
Summary: Homes in Bremen had an average of 19 days on market in May 2024, down by 84.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Bremen; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.