Is 43701, 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, 43701 has remained a Seller's Market.
Key Takeaway
43701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43701, OH
How much do homes in 43701, OH cost?
Median Sold Price
$175,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 43701 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 43701 was $175,000 in April 2024, up 6.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $136K | +60.0% |
| 2 Bedrooms | $123K | $130.4K | +6.0% |
| 3 Bedrooms | $179.9K | $200K | +11.1% |
| 4 Bedrooms | $206.5K | $239K | +15.7% |
| 5+ Bedrooms | $200K | $240K | +20.0% |
Summary: 43701 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 20%.
Median Sold Price Compared To Nearby Zip Codes
| 43771 | $168.9K | $200K | +18.4% |
| 43701 | $164.9K | $175K | +6.1% |
Housing Supply in 43701, OH
How many homes are available in 43701, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 200 | 193 | -3.5% |
Summary: The 43701 real estate market had 193 homes for sale in April 2024, a 3.5% 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 | 45 | 40 | -11.1% |
| 3 Bedrooms | 113 | 114 | +0.9% |
| 4 Bedrooms | 32 | 28 | -12.5% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 43701 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 11.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 61 | +1.7% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43701, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in 43701 in April 2024, up by 1.7% month-over-month. Of the 61 sold homes, 54% were sold under asking, 18% were sold at asking, and 28% were sold over asking.
Days on Market for 43701, OH
How long does it take to sell a home in 43701, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 43 Days | -3.7% |
Summary: Homes in 43701 had an average of 43 days on market in Apr 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 43701 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 61 homes were sold in 43701; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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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.