Fayette and Pike County Ohio Real Estate Market Update
Fayette and Pike County Real Estate Market Update
Both Fayette and Pike County are experiencing sellers' markets with strong sales activity and limited inventory.
Pike County Market:
- Median sold price: $275,000
- Active listings: 75
- Homes sold (past 30 days): 31
- New listings added: 23
- Under contract: 11
With 31 homes selling and only 23 new listings entering the market, inventory is tightening. Competition for buyers is real.
Fayette County Market:
- Median sold price: $255,000
- Active listings: 93
- Homes sold (past 30 days): 35
- New listings added: 36
- Under contract: 21
Fayette County shows slightly more balance, but with 21 homes under contract, available inventory will continue to shrink.
What This Means:
For buyers, both markets require fast decision-making and strategic offers. Pre-approval is essential. Homes priced correctly move quickly, often within days.
For sellers, market conditions are favorable. Homes at market value attract buyer interest and multiple offers are possible.
Ready to buy or sell in Fayette or Pike County?
📖 Read the complete market update here!
📞 Call or text Bryan: 937-776-3405 📞 Call or text Rene: 937-205-6513 🌐 VanceTeamRealtors.com
Vance Team Realtors — Serving Southern Ohio Real Estate
Data provided by the National Association of Realtors.
Comments
Post a Comment