Is Newcomerstown, 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, Newcomerstown has remained a Seller's Market.
Housing Prices in Newcomerstown, OH
How much do homes in Newcomerstown, OH cost?
Median Sold Price
$142,500
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Newcomerstown was $142,500 in May 2024, up 9.7% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $83.7K | $122K | +45.7% |
3 Bedrooms | $135K | $139.9K | +3.6% |
4 Bedrooms | $136.2K | $192.5K | +41.3% |
5+ Bedrooms | $586.4K | $127.5K | -78.3% |
Summary: Newcomerstown 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 45.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 41.3%, and 5+ bedroom homes decreased by 78.3%.
Median Sold Price Compared To Nearby Cities
Oxford Township | $250K | $380K | +52.0% |
Oxford Township | $129.9K | $190K | +46.2% |
Salem Township | $148.6K | $164.5K | +10.7% |
Newcomerstown | $129.9K | $142.5K | +9.7% |
Housing Supply in Newcomerstown, OH
How many homes are available in Newcomerstown, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 28 | -6.7% |
Summary: The Newcomerstown real estate market had 28 homes for sale in May 2024, a 6.7% decrease 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 | 8 | 10 | +25.0% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 6 | 3 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Newcomerstown 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 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Newcomerstown in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Newcomerstown, OH
How long does it take to sell a home in Newcomerstown, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 76 Days | +107.3% |
Summary: Homes in Newcomerstown had an average of 76 days on market in May 2024, up by 107.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Newcomerstown; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.