Is Franklinton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Franklinton was a Seller's Market.
Housing Prices in Franklinton, OH
How much do homes in Franklinton, OH cost?
Median Sold Price
$210,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Franklinton was $210,000 in April 2024, up 5.5% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $99K | - | N/A |
2 Bedrooms | $142.5K | $159K | +11.6% |
3 Bedrooms | $220K | $218.6K | -0.6% |
4 Bedrooms | $276K | $233K | -15.6% |
5+ Bedrooms | $165K | $400K | +142.4% |
Summary: Franklinton 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 11.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 142.4%.
Median Sold Price Compared To Nearby Neighborhoods
River South District | $360K | $574.8K | +59.7% |
Franklinton | $199K | $210K | +5.5% |
Downtown Columbus | $345K | $350K | +1.4% |
Housing Supply in Franklinton, OH
How many homes are available in Franklinton, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 75 | +7.1% |
Summary: The Franklinton real estate market had 75 homes for sale in April 2024, a 7.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 40 | 40 | 0.0% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Franklinton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 35.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Franklinton in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 33% were sold under asking, 44% were sold at asking, and 22% were sold over asking.
Days on Market for Franklinton, OH
How long does it take to sell a home in Franklinton, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 20 Days | +37.9% |
Summary: Homes in Franklinton had an average of 20 days on market in Apr 2024, up by 37.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Franklinton; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.