Is 45404, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 45404 was a Seller's Market.
Key Takeaway
45404 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 45404, OH
How much do homes in 45404, OH cost?
Median Sold Price
$135,000
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 45404 have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in 45404 was $135,000 in March 2024, up 14.9% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41.5K | $30K | -27.7% |
| 2 Bedrooms | $75K | $73K | -2.7% |
| 3 Bedrooms | $127.4K | $138.3K | +8.6% |
| 4 Bedrooms | $117.5K | $327.4K | +178.7% |
| 5+ Bedrooms | $186.5K | $225K | +20.6% |
Summary: 45404 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.7%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 178.7%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in 45404, OH
How many homes are available in 45404, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 39 | 40 | +2.6% |
Summary: The 45404 real estate market had 40 homes for sale in March 2024, a 2.6% 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 | 11 | 9 | -18.2% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 45404 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 18.2%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 45404, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 45404 in March 2024, down by 25.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 45404, OH
How long does it take to sell a home in 45404, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 68 Days | -31.2% |
Summary: Homes in 45404 had an average of 68 days on market in Mar 2024, down by 31.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 45404 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in 45404; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.