Is Forest Park East, 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, Forest Park East has remained a Seller's Market.
Housing Prices in Forest Park East, OH
How much do homes in Forest Park East, OH cost?
Median Sold Price
$278,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Forest Park East was $278,000 in April 2024, up 8.2% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $132K | $135K | +2.3% |
3 Bedrooms | $251K | $274.9K | +9.5% |
4 Bedrooms | $281.5K | $311.5K | +10.7% |
5+ Bedrooms | $289.9K | $320K | +10.4% |
Summary: Forest Park East 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 increased by 2.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 10.4%.
Median Sold Price Compared To Nearby Neighborhoods
Northern Woods | $175.5K | $191K | +8.9% |
Forest Park East | $257K | $278K | +8.2% |
Woodward Park | $265K | $273.9K | +3.4% |
Northgate | $281.5K | $284.5K | +1.1% |
Housing Supply in Forest Park East, OH
How many homes are available in Forest Park East, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 37 | -7.5% |
Summary: The Forest Park East real estate market had 37 homes for sale in April 2024, a 7.5% decrease 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 | 8 | 6 | -25.0% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Forest Park East 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Forest Park East in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Forest Park East, OH
How long does it take to sell a home in Forest Park East, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 35 Days | +34.4% |
Summary: Homes in Forest Park East had an average of 35 days on market in Apr 2024, up by 34.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Forest Park East; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.