Athens, Ohio Real Estate Market Update – November 2023

Athens County Real Estate Overview

Market Trends in Athens County (October 2023)

• Median Sale Price: $193K, a 10.3% increase from the previous year.
• Median Sale Price per Square Foot: $112, down 15.2% since last year.
• Average Time on Market: Homes sold after 41 days on average, compared to 57 days last year.
• Homes Sold: 21 homes sold in October, down from 33 last year.
• Sale-to-List Price Ratio: 97.4%, indicating a slightly negotiable market.
• Homes Sold Above List Price: 33.3% of homes sold above the list price.

Athens City Real Estate Overview

Market Trends in Athens City (October 2023)

• Median Sale Price: $270K, up 9.8% since last year.
• Median Sale Price per Square Foot: $188, up 33.3% since last year.
• Market Competitiveness: Not very competitive, with homes typically selling for about 2% below the list price and going pending in around 50 days.
• Average Time on Market: Homes sold after 13 days on average, a significant decrease from 43 days last year.
• Homes Sold: 6 homes sold in October, down from 13 last year.

The Athens, Ohio real estate market, both in Athens County and the city of Athens, shows a varied landscape as of October 2023. While home prices have generally increased, the market is not highly competitive, suggesting a more balanced dynamic between buyers and sellers.

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Linda Brown

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