Is Huron, 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, Huron has remained a Seller's Market.
Key Takeaway
Huron is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Huron, OH
How much do homes in Huron, OH cost?
Median Sold Price
$290,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Huron have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Huron was $290,000 in May 2024, up 13.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $246.2K | +36.8% |
| 2 Bedrooms | $210K | $301K | +43.3% |
| 3 Bedrooms | $245K | $255K | +4.1% |
| 4 Bedrooms | $327.5K | $358K | +9.3% |
| 5+ Bedrooms | $407K | $609.4K | +49.7% |
Summary: Huron housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 43.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 49.7%.
Median Sold Price Compared To Nearby Cities
| Huron Township | $257K | $295.5K | +15.0% |
| Huron | $255K | $290K | +13.7% |
Housing Supply in Huron, OH
How many homes are available in Huron, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 47 | +34.3% |
Summary: The Huron real estate market had 47 homes for sale in May 2024, a 34.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 16 | 26 | +62.5% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Huron housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 62.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Huron, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Huron in May 2024, down by 16.7% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Huron, OH
How long does it take to sell a home in Huron, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 41 Days | 30 Days | -25.1% |
Summary: Homes in Huron had an average of 30 days on market in May 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Huron are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 10 homes were sold in Huron; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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