Is 44053, 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, 44053 has remained a Seller's Market.
Key Takeaway
44053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44053, OH
How much do homes in 44053, OH cost?
Median Sold Price
$199,900
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44053 have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in 44053 was $199,900 in April 2024, down 7.9% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76K | $77.5K | +2.0% |
| 2 Bedrooms | $131K | $159.9K | +22.1% |
| 3 Bedrooms | $200K | $195.5K | -2.3% |
| 4 Bedrooms | $280K | $270K | -3.6% |
| 5+ Bedrooms | $250.5K | $290K | +15.8% |
Summary: 44053 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 22.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 15.8%.
Housing Supply in 44053, OH
How many homes are available in 44053, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 67 | +6.3% |
Summary: The 44053 real estate market had 67 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 31 | 38 | +22.6% |
| 4 Bedrooms | 18 | 18 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 44053 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 33.3%, 3 bedroom homes increased by 22.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44053, you could pay more than the asking price. 52.6% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 44053 in April 2024, down by 13.6% month-over-month. Of the 19 sold homes, 37% were sold under asking, 11% were sold at asking, and 53% were sold over asking.
Days on Market for 44053, OH
How long does it take to sell a home in 44053, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 57 Days | 27 Days | -52.3% |
Summary: Homes in 44053 had an average of 27 days on market in Apr 2024, down by 52.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44053 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 44053; 58% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 0% 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.