Is 45417, 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, 45417 has remained a Seller's Market.
Key Takeaway
45417 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45417, OH
How much do homes in 45417, OH cost?
Median Sold Price
$75,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45417 have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in 45417 was $75,000 in April 2024, up 15.4% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38K | $59.9K | +57.8% |
| 2 Bedrooms | $50K | $52K | +4.0% |
| 3 Bedrooms | $71.6K | $80.5K | +12.4% |
| 4 Bedrooms | $103K | $109.9K | +6.8% |
| 5+ Bedrooms | $142.6K | $115K | -19.4% |
Summary: 45417 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.8%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 19.4%.
Housing Supply in 45417, OH
How many homes are available in 45417, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 107 | +0.9% |
Summary: The 45417 real estate market had 107 homes for sale in April 2024, a 0.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 33 | 30 | -9.1% |
| 3 Bedrooms | 58 | 58 | 0.0% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 45417 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 decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45417, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 45417 in April 2024, up by 11.1% month-over-month. Of the 30 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% were sold over asking.
Days on Market for 45417, OH
How long does it take to sell a home in 45417, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 81 Days | 66 Days | -18.2% |
Summary: Homes in 45417 had an average of 66 days on market in Apr 2024, down by 18.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45417 has remained consistent over time.
Summary: During April 2024, 30 homes were sold in 45417; 20% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 17% 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.