Market Intelligence Report — OH-340

Bellefontaine, OH

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OH-08
As of the latest 2026 data
Stabilizing

Median Listing

$285K
-13.6% YoY

Pending Ratio

0.53
-18.7% YoY

Active Inventory

163
+22.6% YoY

Median DOM

52 Days
-1.9% YoY

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The Bellefontaine market is currently stabilizing, characterized by a pending ratio of 0.53 and a notable 22.6% year-over-year increase in active listings. While median listing prices have seen a significant 13.6% contraction over the past year, month-over-month price changes indicate a flatter trend at -0.4%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Bellefontaine market right now.

Inventory levels have expanded significantly, with active listings up 22.6% and new listings increasing by 11.1% over the past year. Concurrently, the pending ratio has softened, declining by 18.7% year-over-year to 0.53, suggesting a rebalancing of demand against the increased supply. Median listing prices have experienced a substantial 13.6% decline over the past year, while the median price per square foot decreased by 12.7% during the same period. The share of price-reduced properties has also risen by 6.5% year-over-year.

Historical Analysis

Market Trends

Median Price

$285K-0.4% MoM

Active Inventory

163+22.6% YoY

Days on Market

52-1.9% YoY

Sold Score™

55-18.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

55
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With an expanded inventory and a stabilizing pending ratio, the market is exhibiting a more measured pace of absorption. The increase in active listings and price reductions indicates a diminished sense of urgency for immediate transactions, allowing for greater price discipline. This environment suggests that negotiations may be less constrained by rapid competition, reflecting the increased supply.

Luxury Segment

The luxury segment in Bellefontaine shows indications of softness, as evidenced by a 10.2% year-over-year decline in the average listing price, which is a larger decrease than the 13.6% median listing price contraction. This divergent trend, alongside the 12.7% decline in median price per square foot, suggests an underlying softening in the higher-priced tiers. No distinct luxury-segment signal in this dataset.

Supply Dynamics

163 active listings represent the current floor, with new supply arriving at roughly 80 per month.

Pricing Pressure
29.4%

of active listings carry a price reduction, +6.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -12.7% year-over-year.

Absorption
0.53

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Bellefontaine, OH? Inventory is up 23% from last year.

Bellefontaine, OH is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
53%
Median Days on Market
52 days
Inventory YoY
+23%

Bellefontaine, OH is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Bellefontaine, OH
CBSA Code
13340
State
OH
Analysis FAQ
  • What is the current market condition in Bellefontaine?+

    As of the latest 2026 data, the Bellefontaine metro is classified as Stabilizing. Pending ratio is 0.53 with median days on market at 52.

  • Are home prices dropping in Bellefontaine?+

    Median listing price is $285K, -13.6% year over year. 29.4% of active listings carry a price reduction.

  • How fast are homes selling in Bellefontaine?+

    The typical listing sits 52 days on market, a -1.9% change YoY. New listings are arriving at 80 per month.

  • What's happening in the Bellefontaine luxury market?+

    The luxury segment in Bellefontaine shows indications of softness, as evidenced by a 10.2% year-over-year decline in the average listing price, which is a larger decrease than the 13.6% median listing price contraction. This divergent trend, alongside the 12.7% decline in median price per square foot, suggests an underlying softening in the higher-priced tiers. No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Bellefontaine real estate expert?+

    Primpted maintains a vetted registry of Bellefontaine agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 13340 · 36mo history