Is 44256, 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, 44256 has remained a Seller's Market.
Key Takeaway
44256 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44256, OH
How much do homes in 44256, OH cost?
Median Sold Price
$335,266
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44256 have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in 44256 was $335,266 in March 2024, up 3.2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $192.5K | $190.9K | -0.8% |
| 3 Bedrooms | $290.5K | $320K | +10.1% |
| 4 Bedrooms | $382.3K | $400K | +4.6% |
| 5+ Bedrooms | $535K | $620K | +15.9% |
Summary: 44256 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 decreased by 0.8%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 15.9%.
Housing Supply in 44256, OH
How many homes are available in 44256, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 150 | 161 | +7.3% |
Summary: The 44256 real estate market had 161 homes for sale in March 2024, a 7.3% increase 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 | 17 | 15 | -11.8% |
| 3 Bedrooms | 59 | 69 | +16.9% |
| 4 Bedrooms | 59 | 63 | +6.8% |
| 5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The 44256 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 decreased by 11.8%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 48 | 56 | +16.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44256, you could pay more than the asking price. 41.1% of homes here sold above asking price last month.
Summary: A total of 56 homes were sold or pending in 44256 in March 2024, up by 16.7% month-over-month. Of the 56 sold homes, 39% were sold under asking, 20% were sold at asking, and 41% were sold over asking.
Days on Market for 44256, OH
How long does it take to sell a home in 44256, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +41.7% |
Summary: Homes in 44256 had an average of 44 days on market in Mar 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44256 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 56 homes were sold in 44256; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 20% 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.