Is 43725, 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, 43725 was a Seller's Market.
Key Takeaway
43725 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 43725, OH
How much do homes in 43725, OH cost?
Median Sold Price
$165,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 43725 have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in 43725 was $165,000 in April 2024, up 10.3% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $36K | $37.5K | +4.2% |
| 2 Bedrooms | $105.8K | $108.1K | +2.1% |
| 3 Bedrooms | $150K | $169.2K | +12.8% |
| 4 Bedrooms | $175K | $174K | -0.6% |
| 5+ Bedrooms | $152.5K | $224.1K | +47.0% |
Summary: 43725 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 47%.
Median Sold Price Compared To Nearby Zip Codes
| 43725 | $149.6K | $165K | +10.3% |
| 43723 | $150K | $145K | -3.3% |
| 43749 | $257K | $160K | -37.7% |
Housing Supply in 43725, OH
How many homes are available in 43725, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 85 | 95 | +11.8% |
Summary: The 43725 real estate market had 95 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 15 | 18 | +20.0% |
| 3 Bedrooms | 47 | 58 | +23.4% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The 43725 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43725, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 43725 in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for 43725, OH
How long does it take to sell a home in 43725, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 69 Days | 60 Days | -13.7% |
Summary: Homes in 43725 had an average of 60 days on market in Apr 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 43725 has remained consistent over time.
Summary: During April 2024, 15 homes were sold in 43725; 33% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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.
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.