Is Sullivan, OH 44880 a buyer’s or seller’s market?

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

Sullivan is a seller’s market. With about 3.2 months of supply and 14% 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 list14.3%Share of sales, last 3 months
Median sale-to-list105%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$245▲ +33.6% vs. last year

The Sullivan housing market right now

In the three months ending August 31, 2026, 14% of homes in Sullivan, OH 44880 sold above their list price, the typical home went under contract in 36 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 7 sales, 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 18%, homes sold more slowly (18 days then) and the median sale price rose 25% to $394,829. Overall, Sullivan is less competitive than a year ago, which gives buyers more room.

Within Ashland County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 67%.

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.

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 Sullivan is

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Questions about Sullivan real estate

Is Sullivan a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Sullivan, OH 44880 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 Sullivan?

The typical home went under contract in 36 days in the latest three months.

Do homes in Sullivan sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 105.0% of the list price.

What are property taxes in Sullivan?

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 Sullivan?

The median sale price was $394,829 in the three months ending August 31, 2026, about $245 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