Is 45424, 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, 45424 has remained a Seller's Market.
Key Takeaway
45424 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45424, OH
How much do homes in 45424, OH cost?
Median Sold Price
$200,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 45424 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 45424 was $200,000 in April 2024, up 0.7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | $159.9K | $163K | +1.9% |
| 3 Bedrooms | $179.9K | $187.4K | +4.1% |
| 4 Bedrooms | $245.5K | $255K | +3.9% |
| 5+ Bedrooms | $287.4K | $262.5K | -8.7% |
Summary: 45424 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 increased by 1.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in 45424, OH
How many homes are available in 45424, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 139 | 146 | +5.0% |
Summary: The 45424 real estate market had 146 homes for sale in April 2024, a 5.0% 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 | 13 | 11 | -15.4% |
| 3 Bedrooms | 74 | 84 | +13.5% |
| 4 Bedrooms | 48 | 46 | -4.2% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 45424 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 15.4%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 57 | 48 | -15.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45424, you may be able to get a good deal. 39.6% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 45424 in April 2024, down by 15.8% month-over-month. Of the 48 sold homes, 40% were sold under asking, 21% were sold at asking, and 40% were sold over asking.
Days on Market for 45424, OH
How long does it take to sell a home in 45424, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 52 Days | +8.6% |
Summary: Homes in 45424 had an average of 52 days on market in Apr 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
32 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45424 has remained consistent over time.
Summary: During April 2024, 48 homes were sold in 45424; 25% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 8% 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.