Is Riverlea, 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, Riverlea has remained a Seller's Market.
Housing Prices in Riverlea, OH
How much do homes in Riverlea, OH cost?
Median Sold Price
$666,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Riverlea was $666,000 in May 2024, up 28.1% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $270K | $267K | -1.1% |
3 Bedrooms | $475K | $504.5K | +6.2% |
4 Bedrooms | $627.5K | $670.5K | +6.9% |
5+ Bedrooms | - | $775K | N/A |
Summary: Riverlea 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 1.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Riverlea | $520K | $666K | +28.1% |
Columbus | $262.2K | $279.7K | +6.7% |
Sharon Township | $410K | $435K | +6.1% |
Worthington | $409.5K | $420.6K | +2.7% |
Housing Supply in Riverlea, OH
How many homes are available in Riverlea, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Summary: The Riverlea real estate market had 3 homes for sale in May 2024, a 100.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 3 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Riverlea 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Riverlea in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Riverlea, OH
How long does it take to sell a home in Riverlea, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 3 Days | -72.7% |
Summary: Homes in Riverlea had an average of 3 days on market in May 2024, down by 72.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Riverlea; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.