Is Yellow Springs, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Yellow Springs was a Neutral Market.
Housing Prices in Yellow Springs, OH
How much do homes in Yellow Springs, OH cost?
Median Sold Price
$396,250
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Yellow Springs was $396,250 in May 2024, up 21% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $322.2K | N/A |
2 Bedrooms | $256.3K | $262K | +2.2% |
3 Bedrooms | $325K | $367.5K | +13.1% |
4 Bedrooms | $366.8K | $489.5K | +33.4% |
5+ Bedrooms | $2.6M | $435K | -83.3% |
Summary: Yellow Springs 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 2.2%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes decreased by 83.3%.
Median Sold Price Compared To Nearby Cities
Yellow Springs | $327.4K | $396.2K | +21.0% |
Miami Township | $323K | $379K | +17.3% |
Housing Supply in Yellow Springs, OH
How many homes are available in Yellow Springs, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 24 | +26.3% |
Summary: The Yellow Springs real estate market had 24 homes for sale in May 2024, a 26.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 15 | +36.4% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Yellow Springs 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 36.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 10 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Yellow Springs in May 2024, up by 150.0% month-over-month. Of the 10 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for Yellow Springs, OH
How long does it take to sell a home in Yellow Springs, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
46 Days | 32 Days | -30.6% |
Summary: Homes in Yellow Springs had an average of 32 days on market in May 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 10 homes were sold in Yellow Springs; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.