Is Sunbury, 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, Sunbury has remained a Seller's Market.
Key Takeaway
Sunbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunbury, OH
How much do homes in Sunbury, OH cost?
Median Sold Price
$477,457
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sunbury have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Sunbury was $477,457 in May 2024, up 8.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $385.5K | $397.4K | +3.1% |
| 3 Bedrooms | $425.7K | $446K | +4.8% |
| 4 Bedrooms | $476.8K | $544.6K | +14.2% |
| 5+ Bedrooms | $585K | $607.3K | +3.8% |
Summary: Sunbury 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 increased by 3.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Cities
| Sunbury Village Township | $401.1K | $445K | +10.9% |
| Galena | $574.8K | $624.4K | +8.6% |
| Sunbury | $440.6K | $477.4K | +8.3% |
| Berkshire Township | $510.9K | $530K | +3.7% |
| Trenton Township | $272.5K | $280K | +2.8% |
Housing Supply in Sunbury, OH
How many homes are available in Sunbury, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 77 | 94 | +22.1% |
Summary: The Sunbury real estate market had 94 homes for sale in May 2024, a 22.1% 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 | 12 | 13 | +8.3% |
| 3 Bedrooms | 32 | 35 | +9.4% |
| 4 Bedrooms | 26 | 39 | +50.0% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Sunbury 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 8.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 22 | +37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunbury, expect to pay close to the asking price. 40.9% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Sunbury in May 2024, up by 37.5% month-over-month. Of the 22 sold homes, 18% were sold under asking, 41% were sold at asking, and 41% were sold over asking.
Days on Market for Sunbury, OH
How long does it take to sell a home in Sunbury, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 53 Days | 29 Days | -44.4% |
Summary: Homes in Sunbury had an average of 29 days on market in May 2024, down by 44.4% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sunbury are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Sunbury; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.