Is Seville, 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, Seville has remained a Seller's Market.
Key Takeaway
Seville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seville, OH
How much do homes in Seville, OH cost?
Median Sold Price
$325,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Seville have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Seville was $325,000 in May 2024, up 10.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $252.4K | $178K | -29.5% |
| 3 Bedrooms | $283.5K | $325K | +14.6% |
| 4 Bedrooms | $305K | $349.9K | +14.7% |
| 5+ Bedrooms | $387.5K | $435K | +12.3% |
Summary: Seville 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 decreased by 29.5%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Seville | $293.4K | $325K | +10.7% |
| Westfield Township | $309K | $306.2K | -0.9% |
| Seville Village Township | $262.7K | $253K | -3.7% |
Housing Supply in Seville, OH
How many homes are available in Seville, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 34 | +47.8% |
Summary: The Seville real estate market had 34 homes for sale in May 2024, a 47.8% 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 | 5 | 5 | 0.0% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 3 | 12 | +300.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Seville 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 7.7%, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seville, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Seville in May 2024, up by 250.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Seville, OH
How long does it take to sell a home in Seville, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 62 Days | +94.6% |
Summary: Homes in Seville had an average of 62 days on market in May 2024, up by 94.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Seville; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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