Is Loudonville, OH 44842 a buyer’s or seller’s market?

The Loudonville housing market right now

In the three months ending August 31, 2026, 19% of homes in Loudonville, OH 44842 sold above their list price, the typical home went under contract in 48 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold more slowly (26 days then) and the median sale price held steady to $197,415. Overall, Loudonville is less competitive than a year ago, which gives buyers more room.

Within Ashland County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 50%. On our competition score, Loudonville ranks #404 of 489 OH ZIP codes with enough sales (score 40 out of 100).

Nearby, buyers who want less competition could look at Nova 44859 (0% sold over asking) or Jeromesville 44840 (0% sold over asking), while Polk 44866 (40% sold over asking) and Ashland 44805 (31% sold over asking) are even more competitive.