Is 45331, 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, 45331 has remained a Seller's Market.
Key Takeaway
45331 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45331, OH
How much do homes in 45331, OH cost?
Median Sold Price
$170,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45331 have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in 45331 was $170,000 in April 2024, up 5.3% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $93.9K | - | N/A |
| 2 Bedrooms | $140K | $139K | -0.7% |
| 3 Bedrooms | $164.9K | $174.8K | +6.0% |
| 4 Bedrooms | $210K | $179K | -14.8% |
| 5+ Bedrooms | $90K | $138K | +53.3% |
Summary: 45331 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 0.7%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes increased by 53.3%.
Median Sold Price Compared To Nearby Zip Codes
| 45346 | $150K | $178.5K | +19.0% |
| 45331 | $161.5K | $170K | +5.3% |
| 45308 | $181.7K | $153K | -15.8% |
Housing Supply in 45331, OH
How many homes are available in 45331, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 78 | 77 | -1.3% |
Summary: The 45331 real estate market had 77 homes for sale in April 2024, a 1.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 46 | 43 | -6.5% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 45331 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45331, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 45331 in April 2024, the same as the previous month. Of the 22 sold homes, 59% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for 45331, OH
How long does it take to sell a home in 45331, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 100 Days | 68 Days | -32.0% |
Summary: Homes in 45331 had an average of 68 days on market in Apr 2024, down by 32% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45331 has remained consistent over time.
Summary: During April 2024, 22 homes were sold in 45331; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% 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.