Is Tiffin, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Tiffin has remained a Seller's Market.
Housing Prices in Tiffin, OH
How much do homes in Tiffin, OH cost?
Median Sold Price
$165,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tiffin was $165,000 in April 2024, up 17.5% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $71K | $115K | +62.0% |
2 Bedrooms | $116K | $137.5K | +18.5% |
3 Bedrooms | $146.5K | $165K | +12.6% |
4 Bedrooms | $162.5K | $232.5K | +43.1% |
5+ Bedrooms | $138.7K | $225K | +62.2% |
Summary: Tiffin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 62%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 43.1%, and 5+ bedroom homes increased by 62.2%.
Median Sold Price Compared To Nearby Cities
Tiffin | $140.4K | $165K | +17.5% |
Clinton Township | $245K | $220K | -10.2% |
Housing Supply in Tiffin, OH
How many homes are available in Tiffin, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 49 | -5.8% |
Summary: The Tiffin real estate market had 49 homes for sale in April 2024, a 5.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 4 | 0 | -100.0% |
Summary: The Tiffin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 12 | -53.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Tiffin in April 2024, down by 53.8% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Tiffin, OH
How long does it take to sell a home in Tiffin, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 45 Days | +24.5% |
Summary: Homes in Tiffin had an average of 45 days on market in Apr 2024, up by 24.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Tiffin; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.