Is Henry County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Henry County has remained a Seller's Market.
Key Takeaway
Henry County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Henry County, OH
How much do homes in Henry County, OH cost?
Median Sold Price
$162,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Henry County have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Henry County was $162,000 in May 2024, up 6.2% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $118K | +47.5% |
| 2 Bedrooms | $96K | $99K | +3.1% |
| 3 Bedrooms | $160K | $166.5K | +4.1% |
| 4 Bedrooms | $191.2K | $185.7K | -2.9% |
| 5+ Bedrooms | $289.9K | $247.7K | -14.6% |
Summary: Henry County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 14.6%.
Median Sold Price Compared To Nearby Counties
| Fulton County | $180K | $214.4K | +19.1% |
| Defiance County | $147.1K | $164.9K | +12.1% |
| Henry County | $152.5K | $162K | +6.2% |
| Wood County | $250.2K | $260K | +3.9% |
| Putnam County | $189K | $173.7K | -8.1% |
Housing Supply in Henry County, OH
How many homes are available in Henry County, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 59 | -6.3% |
Summary: The Henry County real estate market had 59 homes for sale in May 2024, a 6.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 43 | 38 | -11.6% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Henry County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 12 | -45.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Henry County, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Henry County in May 2024, down by 45.5% month-over-month. Of the 12 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.
Days on Market for Henry County, OH
How long does it take to sell a home in Henry County, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 71 Days | 33 Days | -52.7% |
Summary: Homes in Henry County had an average of 33 days on market in May 2024, down by 52.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Henry County has remained consistent over time.
Summary: During May 2024, 12 homes were sold in Henry County; 42% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 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. 
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.