43406 Housing Market Report May 2025Wood County, Ohio

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Housing Prices in 43406, OH

How much do homes in 43406, OH cost?

Housing Market Conditions

Is 43406, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

43406 is a Seller's Market

Difference Since May 2024

Since last year, 43406 has remained a Seller's Market.

Insight

43406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$116,500$85/SqFt
-$37,000
-24.1%

Based on all homes sold in the last 12 months

Insight

Homes in 43406 have sold for 24.1% less than they did a year ago.

Summary: The median home sold price in 43406 was $116,500 in May 2025, down 24.1% from last year, and the median price per square foot was $85.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$137K-
N/A
2$128.5K$128.7K
0.2%
3$159.5K$109K
-31.7%
4$131K$162.5K
+24.0%
5--
N/A

Summary: 43406 housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by 0.2%. The home price for 3 bedroom homes decreased by -31.7%. The home price for 4 bedroom homes increased by +24.0%. The home price for 5 bedroom homes did not change.

How does 43406, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

43406, OH

Housing supply in 43406, OH

How many homes are available in 43406, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
5Last MonthMay 2025
72 months agoApr 2025
-28.6 %
Change MoMApr – May

Summary: The 43406 real estate market had 5 homes for sale in May 2025, a 28.6 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthMay 2025
32 months agoApr 2025
-66.7 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
210
-100.0%
332
-33.3%
422
0.0%
511
0.0%

Summary: 43406 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -100.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Days on Market for 43406, OH

How long does it take to sell a home in 43406, OH?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 43406 has remained consistent over time.

Summary: During May 2025, 1 homes were sold in 43406; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
34 DaysThis YearMay 2025
32 Days1 year agoMay 2024
+6.3 %
Change YoYMay 2024 – May 2025

Summary: Homes in 43406 had an average listing age of 34 days in May 2025, up by 6.3% compared to the previous year.

Newest Listings in 43406, OH

What homes are available in 43406, OH?

Nearby markets

Nearby markets aren't available for 43406, OH

MLS Disclaimers and Copyright

Based on information from Northwest Ohio Real Estate Information Systems, for the period 06/01/2023 - 06/01/2025

IDX Copyright 2025 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/30/2025, 2:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.