Is Nova, OH 44859 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Nova is a seller’s market. With about 3.2 months of supply and 0% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$144▼ −18.0% vs. last year

The Nova housing market right now

In the three months ending August 31, 2026, 0% of homes in Nova, OH 44859 sold above their list price, the typical home went under contract in 42 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (12 days then) and the median sale price held steady to $302,869. Overall, Nova is less competitive than a year ago, which gives buyers more room.

Within Ashland County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Polk 44866 (40% sold over asking) and Ashland 44805 (31% sold over asking) are even more competitive.

Nearby markets

Ashland 44805Seller’s market $153 /sq ftHayesville 44838 — /sq ftJeromesville 44840Buyer’s market $173 /sq ftLoudonville 44842Seller’s market $156 /sq ft Browse all markets →

Where Nova is

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Questions about Nova real estate

Is Nova a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Nova, OH 44859 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 Nova?

The typical home went under contract in 42 days in the latest three months.

Do homes in Nova sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in Nova?

About 0.99% of a home’s value a year in Ashland County, or roughly $3,960 on a $400,000 home.

What is the median home price in Nova?

The median sale price was $302,869 in the three months ending August 31, 2026, about $144 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