Homes in Ross County sold for lower prices recently: See how much here
The median home sold for $174,650, an analysis of data from Realtor.com shows. That means April, the most recent month for which figures are available, was down 16.4% from March.
Compared to April 2024, the median home sales price was down 3% compared to $180,000.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.chillicothegazette.com.
Here is a breakdown on median sale prices:
Looking only at single-family homes, the $174,650 median selling price in Ross County was down 17.8% in April from $212,500 the month prior. Since April 2024, the sales price of single-family homes was down 3% from a median of $180,000.No single-family homes sold for $1 million or more during the month.
In April, the number of recorded sales in Ross County dropped by 1.3% since April 2024 — from 75 to 74. All residential home sales totaled $15 million.
Across Ohio, homes sold at a median of $230,000 during April, up 2.2% from $225,000 in March. There were 12,538 recorded sales across the state during April, down 3.1% from 12,932 recorded sales in April 2024.
Here's a breakdown for the full state:
The total value of recorded residential home sales in Ohio increased by 1.8% from $3.7 billion in March to $3.8 billion this April.
Out of all residential home sales in Ohio, 2% of homes sold for at least $1 million in April, down from 2.23% in April 2024.
Sales prices of single-family homes across Ohio increased by 1.1% from a median of $225,000 in March to $227,398 in April. Since April 2024, the sales price of single-family homes across the state was up 5.7% from $215,153.
Across the state, the sales price of condominiums and townhomes rose 12.2% from a median of $222,150 in March to $249,150 during April. The median sales price of condominiums and townhomes is up 13.3% from the median of $220,000 in April 2024.
The median home sales price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what's happening in a market than the average sales price, which would mean taking the sum of all sales prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.
The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu. Our News Automation and AI team would like to hear from you. Take this survey and share your thoughts with us.
This article originally appeared on Chillicothe Gazette: Homes in Ross County sold for lower prices recently: See how much here
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