Is 44281, 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, 44281 has remained a Seller's Market.
Key Takeaway
44281 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44281, OH
How much do homes in 44281, OH cost?
Median Sold Price
$271,333
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44281 have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in 44281 was $271,333 in March 2024, up 6.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99.9K | - | N/A |
| 2 Bedrooms | $185K | $173.7K | -6.1% |
| 3 Bedrooms | $230K | $250K | +8.7% |
| 4 Bedrooms | $347.9K | $357.5K | +2.7% |
| 5+ Bedrooms | $460K | $456.5K | -0.8% |
Summary: 44281 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 6.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 44281, OH
How many homes are available in 44281, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 71 | 70 | -1.4% |
Summary: The 44281 real estate market had 70 homes for sale in March 2024, a 1.4% decrease 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 | 9 | 7 | -22.2% |
| 3 Bedrooms | 34 | 35 | +2.9% |
| 4 Bedrooms | 22 | 20 | -9.1% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 44281 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 22.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 30 | +50.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44281, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 44281 in March 2024, up by 50.0% month-over-month. Of the 30 sold homes, 57% were sold under asking, 7% were sold at asking, and 37% were sold over asking.
Days on Market for 44281, OH
How long does it take to sell a home in 44281, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 26 Days | 34 Days | +30.8% |
Summary: Homes in 44281 had an average of 34 days on market in Mar 2024, up by 30.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44281 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 30 homes were sold in 44281; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% 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.