Is 45315, 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, 45315 has remained a Seller's Market.
Key Takeaway
45315 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45315, OH
How much do homes in 45315, OH cost?
Median Sold Price
$253,495
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45315 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 45315 was $253,495 in April 2024, up 6.7% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $175K | $164K | -6.3% |
| 3 Bedrooms | $230K | $230K | 0.0% |
| 4 Bedrooms | $294.9K | $275K | -6.7% |
| 5+ Bedrooms | $415K | $272.4K | -34.3% |
Summary: 45315 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 decreased by 6.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 34.3%.
Housing Supply in 45315, OH
How many homes are available in 45315, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 32 | +3.2% |
Summary: The 45315 real estate market had 32 homes for sale in April 2024, a 3.2% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 45315 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 remained the same, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 11 | +120.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45315, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 45315 in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for 45315, OH
How long does it take to sell a home in 45315, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 138 Days | +91.3% |
Summary: Homes in 45315 had an average of 138 days on market in Apr 2024, up by 91.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45315 has remained consistent over time.
Summary: During April 2024, 11 homes were sold in 45315; 0% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 45% 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.