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Richland County Housing Market Report December 2024•Richland County, Ohio
Housing Prices in Richland County, OH
How much do homes in Richland County, OH cost?
Housing Market Conditions
Is Richland County, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Richland County is a Seller's Market
Difference Since December 2023
Since last year, Richland County has remained a Seller's Market.
Richland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
The sold price of homes in Richland County has remained the same since last year.
Summary: The median home sold price in Richland County was $210,000 in December 2024, the same as last year, and the median price per square foot was $130.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Crawford County | $160K | $168K | +5.0% |
Morrow County | $287.5K | $294.9K | +2.6% |
Huron County | $178.7K | $181K | +1.3% |
Richland County | $210K | $210K | 0.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | $73K | N/A |
22 Bedrooms | $139.5K | $137.5K | -1.4% |
33 Bedrooms | $189K | $195K | +3.2% |
44 Bedrooms | $262K | $300K | +14.5% |
55+ Bedrooms | $343K | $517.5K | +50.9% |
Summary: Richland County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.4%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +14.5%. The home price for 5 bedroom homes increased by +50.9%.
Housing supply in Richland County, OH
How many homes are available in Richland County, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
112Last MonthDec 2024 | ||
1152 months agoNov 2024 | -2.6 % Change MoMNov – Dec |
Summary: The Richland County real estate market had 112 homes for sale in Dec 2024, a 2.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
33Last MonthDec 2024 | ||
262 months agoNov 2024 | +26.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 12 | 8 | -33.3% |
33 Bedrooms | 61 | 62 | +1.6% |
44 Bedrooms | 33 | 34 | +3.0% |
55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Richland 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 decreased by -33.3%. The inventory for 3 bedroom homes increased by +1.6%. The inventory for 4 bedroom homes increased by +3.0%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Richland County, OH cost?
Over Asking Price9 Homes
At Asking Price6 Homes
Under Asking Price18 Homes
If you're buying a home in Richland County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Richland County in December 2024, up by 26.9% month-over-month. Of the 33 sold homes, 55% were sold under asking, 18% were sold at asking, and and 27% were sold over asking.
Days on Market for Richland County, OH
How long does it take to sell a home in Richland County, OH?
Breakdown of Home Sale Times
Under 30 Days18 Homes
30 – 90 Days9 Homes
Over 90 Days4 Homes
Many homes in Richland County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 33 homes were sold in Richland County; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
42 DaysThis YearDec 2024 | ||
55 Days1 year agoDec 2023 | -23.1 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Richland County had an average listing age of 42 days in Dec 2024, down by 23.1% compared to the previous year.
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Newest Listings in Richland County, OH
What homes are available in Richland County, OH?
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MLS Disclaimers and Copyright
Based on information from Mansfield Assocation of REALTORS® MLS, Columbus and Central Ohio Regional MLS, MLS Now, Firelands MLS, and Western Regional Information Systems and Technology Inc. for the period 01/01/2023 - 01/01/2025
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, 3:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. 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, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
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.