Is South Amherst, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, South Amherst has remained a Seller's Market.
Housing Prices in South Amherst, OH
How much do homes in South Amherst, OH cost?
Median Sold Price
$170,750
$119/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in South Amherst was $170,750 in May 2024, down 26.3% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $181.5K | N/A |
3 Bedrooms | - | $160K | N/A |
4 Bedrooms | $231.5K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: South Amherst 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.
Median Sold Price Compared To Nearby Cities
New Russia Township | $90K | $375K | +316.7% |
South Amherst | $231.5K | $170.7K | -26.3% |
Housing Supply in South Amherst, OH
How many homes are available in South Amherst, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Summary: The South Amherst real estate market had 9 homes for sale in May 2024, a 80.0% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 2 | 7 | +250.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South Amherst 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 250%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in South Amherst in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for South Amherst, OH
How long does it take to sell a home in South Amherst, OH?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 Days | 36 Days | +1116.7% |
Summary: Homes in South Amherst had an average of 36 days on market in May 2024, up by 1116.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in South Amherst; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.