Market Intelligence Report — OH-340

Bellefontaine, OH

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

Ref. No: 2026-OH-09
As of the latest 2026 data
Stabilizing

Median Listing

$289K
-11.2% YoY

Pending Ratio

0.44
-17.4% YoY

Active Inventory

175
+29.3% YoY

Median DOM

53 Days
-5.8% YoY

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The Bellefontaine market exhibits stabilizing trends, with a pending ratio of 0.44 reflecting a balanced absorption of available inventory. Active listings have expanded by 29.3% year-over-year, indicating an easing of supply constraints. The median listing price has seen a year-over-year decline of 11.2%, signaling recalibration.

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 significantly increased, with active listings up 29.3% year-over-year and new listings rising 21.4% year-over-year. Despite this inventory expansion, the pending ratio of 0.44 suggests a moderate demand absorption relative to available supply, although this represents a 17.4% year-over-year decrease. Median listing prices have compressed by 11.2% year-over-year, aligning with the observed market stabilization.

Historical Analysis

Market Trends

Median Price

$289K+1.3% MoM

Active Inventory

175+29.3% YoY

Days on Market

53-5.8% YoY

Sold Score™

52-17.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

52
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Negotiating leverage is currently balanced, as an expanding inventory base moderates the pace of transactions. While inventory has grown substantially, the absorption rate, as indicated by the pending ratio, maintains a steady, rather than accelerated, pace. Price discipline may be tested as supply continues to build, influencing buyer and seller expectations.

Luxury Segment

The average listing price of $343,514 compared to the median of $288,650 suggests a slight premium in higher-priced tiers. However, with the median $/sqft declining by 7.3% year-over-year, there is no distinct luxury-segment signal indicating outperformance or underperformance; dynamics appear consistent across price points.

Supply Dynamics

175 active listings represent the current floor, with new supply arriving at roughly 68 per month.

Pricing Pressure
28.2%

of active listings carry a price reduction, -0.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -7.3% year-over-year.

Absorption
0.44

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Bellefontaine, OH? Homes here are taking 3 days less to sell than last year.

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

Buyer Demand Index
44%
Median Days on Market
53 days
Inventory YoY
+29%

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 0.44 with median days on market at 53.

  • Are home prices dropping in Bellefontaine?+

    Median listing price is $289K, -11.2% year over year. 28.2% of active listings carry a price reduction.

  • How fast are homes selling in Bellefontaine?+

    The typical listing sits 53 days on market, a -5.8% change YoY. New listings are arriving at 68 per month.

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

    The average listing price of $343,514 compared to the median of $288,650 suggests a slight premium in higher-priced tiers. However, with the median $/sqft declining by 7.3% year-over-year, there is no distinct luxury-segment signal indicating outperformance or underperformance; dynamics appear consistent across price points.

  • 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