Is Howard, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Howard was a Seller's Market.

Key Takeaway

Howard is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Howard, OH

How much do homes in Howard, OH cost?

Median Sold Price

$301,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$36,000(+13.6%)

Key Takeaway

Homes in Howard have sold for 13.6% more than they did a year ago.

Summary: The median home sold price in Howard was $301,000 in May 2024, up 13.6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$239K
N/A
2 $234.9K$250K
+6.4%
3 $252.5K$268.5K
+6.3%
4 $319.4K$370K
+15.8%
5+ $688.4K$637K
-7.5%

Summary: Howard 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 increased by 6.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Cities

Union Township
+37.9%
Harrison Township
+22.2%
Howard
+13.6%
Howard Township
+13.6%

Housing Supply in Howard, OH

How many homes are available in Howard, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6373+15.9%

Summary: The Howard real estate market had 73 homes for sale in May 2024, a 15.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 33
0.0%
3 2227
+22.7%
4 2528
+12.0%
5+ 1213
+8.3%

Summary: The Howard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Howard in May 2024, down by 25.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for Howard, OH

How long does it take to sell a home in Howard, OH?

Average Sale Time

May 2023May 2024CHANGE
11 Days37 Days+221.7%

Summary: Homes in Howard had an average of 37 days on market in May 2024, up by 221.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Howard are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 12 homes were sold in Howard; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Howard, OH

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