Is Valley City, 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, Valley City has remained a Seller's Market.
Housing Prices in Valley City, OH
How much do homes in Valley City, OH cost?
Median Sold Price
$523,750
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Valley City was $523,750 in May 2024, up 30.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $315K | $182.5K | -42.1% |
3 Bedrooms | $376K | $472K | +25.5% |
4 Bedrooms | $486.4K | $547.4K | +12.5% |
5+ Bedrooms | $430K | $600K | +39.5% |
Summary: Valley City 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 decreased by 42.1%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 39.5%.
Median Sold Price Compared To Nearby Cities
Valley City | $401.5K | $523.7K | +30.4% |
Liverpool Township | $401.5K | $512K | +27.5% |
York Township | $380K | $405K | +6.6% |
Columbia Station | $425K | $440K | +3.5% |
Brunswick Hills Township | $327.5K | $333K | +1.7% |
Housing Supply in Valley City, OH
How many homes are available in Valley City, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Valley City real estate market had 17 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Valley City 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 remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Valley City in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.
Days on Market for Valley City, OH
How long does it take to sell a home in Valley City, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 32 Days | +149.5% |
Summary: Homes in Valley City had an average of 32 days on market in May 2024, up by 149.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Valley City; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.