Is Eaton, 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, Eaton has remained a Seller's Market.
Key Takeaway
Eaton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eaton, OH
How much do homes in Eaton, OH cost?
Median Sold Price
$197,500
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Eaton have sold for 21.5% more than they did a year ago.
Summary: The median home sold price in Eaton was $197,500 in May 2024, up 21.5% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $63.5K | $75K | +18.1% |
| 2 Bedrooms | $121.5K | $111K | -8.6% |
| 3 Bedrooms | $175.5K | $200K | +14.0% |
| 4 Bedrooms | $179.5K | $249.9K | +39.2% |
| 5+ Bedrooms | $175K | $260.7K | +49.0% |
Summary: Eaton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.1%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 39.2%, and 5+ bedroom homes increased by 49%.
Housing Supply in Eaton, OH
How many homes are available in Eaton, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 48 | 60 | +25.0% |
Summary: The Eaton real estate market had 60 homes for sale in May 2024, a 25.0% 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 | 6 | 10 | +66.7% |
| 3 Bedrooms | 30 | 34 | +13.3% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Eaton 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 increased by 66.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eaton, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Eaton in May 2024, down by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 8% were sold at asking, and 50% were sold over asking.
Days on Market for Eaton, OH
How long does it take to sell a home in Eaton, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 57 Days | +22.5% |
Summary: Homes in Eaton had an average of 57 days on market in May 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eaton has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Eaton; 0% of homes were sold within 30 days, 92% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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