Is 44011, 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, 44011 has remained a Seller's Market.
Key Takeaway
44011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44011, OH
How much do homes in 44011, OH cost?
Median Sold Price
$410,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44011 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 44011 was $410,000 in April 2024, up 1.2% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $223K | $250K | +12.1% |
| 3 Bedrooms | $330K | $370K | +12.1% |
| 4 Bedrooms | $470K | $510K | +8.5% |
| 5+ Bedrooms | $585K | $727.5K | +24.4% |
Summary: 44011 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 24.4%.
Housing Supply in 44011, OH
How many homes are available in 44011, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 58 | +28.9% |
Summary: The 44011 real estate market had 58 homes for sale in April 2024, a 28.9% increase 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 | 2 | 5 | +150.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 44011 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 increased by 150%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44011, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in 44011 in April 2024, up by 54.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for 44011, OH
How long does it take to sell a home in 44011, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 48 Days | +51.7% |
Summary: Homes in 44011 had an average of 48 days on market in Apr 2024, up by 51.7% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44011 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 17 homes were sold in 44011; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% 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.