Is Alvada, OH 44802 a buyer’s or seller’s market?
Alvada is a seller’s market. With about 1.6 months of supply and 50% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Alvada housing market right now
In the three months ending August 31, 2026, 50% of homes in Alvada, OH 44802 sold above their list price, the typical home went under contract in 8 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 33%, homes sold faster (88 days then) and the median sale price fell 63% to $115,700. Overall, Alvada is more competitive than a year ago, so tougher for buyers.
Within Seneca County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 56%.
Nearby, buyers who want less competition could look at Old Fort 44861 (0% sold over asking) or Kansas 44841 (0% sold over asking), while Bloomville 44818 (75% sold over asking) and Attica 44807 (67% sold over asking) are even more competitive.
Run the numbers for 44802
Nearby markets
Attica 44807Seller’s market $120 /sq ftBascom 44809 — /sq ftBettsville 44815Seller’s market $69 /sq ftBloomville 44818 $116 /sq ft Browse all markets →Where Alvada is
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Questions about Alvada real estate
Is Alvada a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Alvada, OH 44802 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Alvada?
The typical home went under contract in 8 days in the latest three months.
Do homes in Alvada sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 82.4% of the list price.
What are property taxes in Alvada?
About 1.03% of a home’s value a year in Seneca County, or roughly $4,120 on a $400,000 home.
What is the median home price in Alvada?
The median sale price was $115,700 in the three months ending August 31, 2026, about $87 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology