Is West Alexandria, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Alexandria was a Neutral Market.
Key Takeaway
West Alexandria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Alexandria, OH
How much do homes in West Alexandria, OH cost?
Median Sold Price
$200,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Alexandria have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in West Alexandria was $200,500 in April 2024, up 11.4% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $69.9K | $147.5K | +111.0% |
| 3 Bedrooms | $145K | $196.8K | +35.8% |
| 4 Bedrooms | $188.9K | $275K | +45.5% |
| 5+ Bedrooms | - | $185K | N/A |
Summary: West Alexandria housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 111%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Twin Township | $184K | $210K | +14.1% |
| West Alexandria | $179.9K | $200.5K | +11.4% |
| Lanier Township | $185K | $201K | +8.6% |
Housing Supply in West Alexandria, OH
How many homes are available in West Alexandria, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Summary: The West Alexandria real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The West Alexandria 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Alexandria, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in West Alexandria in April 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for West Alexandria, OH
How long does it take to sell a home in West Alexandria, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 26 Days | -17.5% |
Summary: Homes in West Alexandria had an average of 26 days on market in Apr 2024, down by 17.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Alexandria are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in West Alexandria; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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