Defiance County Housing Market Report December 2024•Defiance County, Ohio

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Housing Prices in Defiance County, OH

How much do homes in Defiance County, OH cost?

Housing Market Conditions

Is Defiance County, 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

Defiance County is a Seller's Market

Difference Since December 2023

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

Insight

Defiance County 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.
$162,750$118/SqFt
+$4,993
+3.2%

Based on all homes sold in the last 12 months

Insight

Homes in Defiance County have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in Defiance County was $162,750 in December 2024, up 3.2% from last year, and the median price per square foot was $118.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Paulding County
+15.7%
Henry County
+9.3%
Williams County
+4.5%
Defiance County
+3.2%

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.
BedsDec 2023Dec 2024Change YoY
1$300K$130.5K
-56.5%
2$111.2K$115.7K
+4.1%
3$156K$165K
+5.8%
4$206.2K$209.9K
+1.8%
5$267.5K$269K
+0.6%

Summary: Defiance County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -56.5%. The home price for 2 bedroom homes increased by +4.1%. The home price for 3 bedroom homes increased by +5.8%. The home price for 4 bedroom homes increased by +1.8%. The home price for 5 bedroom homes increased by +0.6%.

Housing supply in Defiance County, OH

How many homes are available in Defiance County, 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
102Last MonthDec 2024
972 months agoNov 2024
+5.2 %
Change MoMNov – Dec

Summary: The Defiance County real estate market had 102 homes for sale in Dec 2024, a 5.2 % increase compared to Nov 2024.

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
29Last MonthDec 2024
192 months agoNov 2024
+52.6 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
21415
+7.1%
35259
+13.5%
42624
-7.7%
554
-20.0%

Summary: Defiance County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +7.1%. The inventory for 3 bedroom homes increased by +13.5%. The inventory for 4 bedroom homes decreased by -7.7%. The inventory for 5 bedroom homes decreased by -20.0%.

Asking Price vs. Sold Price

How much do homes in Defiance County, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price7 Homes

At Asking Price3 Homes

Under Asking Price18 Homes

Insight

If you're buying a home in Defiance County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Defiance County in December 2024, up by 52.6% month-over-month. Of the 28 sold homes, 64% were sold under asking, 11% were sold at asking, and and 25% were sold over asking.

Days on Market for Defiance County, OH

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

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days19 Homes

Over 90 Days6 Homes

Insight

Avg time on Rocket Homes in Defiance County has remained consistent over time.

Summary: During December 2024, 29 homes were sold in Defiance County; 14% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 21% 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
61 DaysThis YearDec 2024
79 Days1 year agoDec 2023
-22.8 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Defiance County had an average listing age of 61 days in Dec 2024, down by 22.8% compared to the previous year.

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Newest Listings in Defiance County, OH

What homes are available in Defiance County, OH?

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MLS Disclaimers and Copyright

Based on information from Northwest Ohio Real Estate Information Systems, and Western Regional Information Systems and Technology Inc. for the period 01/01/2023 - 01/01/2025

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: 1/29/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.