Is 43056, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 43056 has remained a Seller's Market.
Key Takeaway
43056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43056, OH
How much do homes in 43056, OH cost?
Median Sold Price
$280,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 43056 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 43056 was $280,000 in March 2024, up 8.5% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $220K | $255K | +15.9% |
| 3 Bedrooms | $245K | $256.7K | +4.8% |
| 4 Bedrooms | $312K | $365K | +17.0% |
| 5+ Bedrooms | $417.5K | $550K | +31.7% |
Summary: 43056 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.9%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 31.7%.
Housing Supply in 43056, OH
How many homes are available in 43056, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 57 | -5.0% |
Summary: The 43056 real estate market had 57 homes for sale in March 2024, a 5.0% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 36 | 30 | -16.7% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 43056 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43056, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 43056 in March 2024, down by 16.7% month-over-month. Of the 15 sold homes, 27% were sold under asking, 40% were sold at asking, and 33% were sold over asking.
Days on Market for 43056, OH
How long does it take to sell a home in 43056, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 18 Days | 19 Days | +2.9% |
Summary: Homes in 43056 had an average of 19 days on market in Mar 2024, up by 2.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 43056 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 43056; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% 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. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.