Is Commercial Point, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Commercial Point has remained a Seller's Market.
Housing Prices in Commercial Point, OH
How much do homes in Commercial Point, OH cost?
Median Sold Price
$419,950
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Commercial Point was $419,950 in April 2024, up 27.3% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $44.5K | $40K | -10.1% |
3 Bedrooms | $301.4K | $400K | +32.7% |
4 Bedrooms | $320.2K | $448.2K | +40.0% |
5+ Bedrooms | $426.9K | $426K | -0.2% |
Summary: Commercial Point housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.1%, 3 bedroom homes increased by 32.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Commercial Point | $330K | $419.9K | +27.3% |
Scioto Township | $325K | $381K | +17.2% |
Housing Supply in Commercial Point, OH
How many homes are available in Commercial Point, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The Commercial Point real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 15 | 18 | +20.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Commercial Point housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Commercial Point in April 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Commercial Point, OH
How long does it take to sell a home in Commercial Point, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 87 Days | +718.7% |
Summary: Homes in Commercial Point had an average of 87 days on market in Apr 2024, up by 718.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Commercial Point; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.