Is 44306, 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, 44306 has remained a Seller's Market.
Key Takeaway
44306 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44306, OH
How much do homes in 44306, OH cost?
Median Sold Price
$86,096
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44306 have sold for 10.1% more than they did a year ago.
Summary: The median home sold price in 44306 was $86,096 in March 2024, up 10.1% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $23.2K | $59.5K | +155.9% |
| 2 Bedrooms | $62.9K | $79.9K | +27.0% |
| 3 Bedrooms | $100K | $95K | -5.0% |
| 4 Bedrooms | $75.8K | $100K | +31.8% |
| 5+ Bedrooms | $90K | $87.7K | -2.6% |
Summary: 44306 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 155.9%, 2 bedroom homes increased by 27%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes decreased by 2.6%.
Housing Supply in 44306, OH
How many homes are available in 44306, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 84 | 87 | +3.6% |
Summary: The 44306 real estate market had 87 homes for sale in March 2024, a 3.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 25 | 26 | +4.0% |
| 3 Bedrooms | 45 | 45 | 0.0% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 44306 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 increased by 4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 | 28 | +33.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44306, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 44306 in March 2024, up by 33.3% month-over-month. Of the 26 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.
Days on Market for 44306, OH
How long does it take to sell a home in 44306, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 36 Days | 37 Days | +1.8% |
Summary: Homes in 44306 had an average of 37 days on market in Mar 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
16 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 44306 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 28 homes were sold in 44306; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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.