Is Plain City, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Plain City has remained a Seller's Market.
Housing Prices in Plain City, OH
How much do homes in Plain City, OH cost?
Median Sold Price
$599,364
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Plain City was $599,364 in May 2024, up 13.1% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | - | N/A |
2 Bedrooms | $345.2K | $300K | -13.1% |
3 Bedrooms | $442.5K | $432K | -2.4% |
4 Bedrooms | $589.9K | $633K | +7.3% |
5+ Bedrooms | $704.6K | $871.6K | +23.7% |
Summary: Plain City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.1%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
Plain City | $530.1K | $599.3K | +13.1% |
Jerome Township | $634.1K | $696K | +9.8% |
Darby Township | $430K | $400K | -7.0% |
Housing Supply in Plain City, OH
How many homes are available in Plain City, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 131 | +12.9% |
Summary: The Plain City real estate market had 131 homes for sale in May 2024, a 12.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 10 | +100.0% |
3 Bedrooms | 37 | 46 | +24.3% |
4 Bedrooms | 34 | 36 | +5.9% |
5+ Bedrooms | 40 | 39 | -2.5% |
Summary: The Plain City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 24.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 2.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 37 | +27.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Plain City in May 2024, up by 27.6% month-over-month. Of the 37 sold homes, 43% were sold under asking, 30% were sold at asking, and 27% were sold over asking.
Days on Market for Plain City, OH
How long does it take to sell a home in Plain City, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 44 Days | +33.1% |
Summary: Homes in Plain City had an average of 44 days on market in May 2024, up by 33.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Plain City; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.