$5,213 Closing Credit*
$439,000
2,236 SqFt
4 Beds
•2 Full Baths
Lisa Smedley, Listing Office: Home City Real Estate
Is 45502, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 45502 has remained a Seller's Market.
Key Takeaway
45502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45502, OH
How much do homes in 45502, OH cost?
Median Sold Price
$285,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$11,255(+4.1%)
Key Takeaway
Homes in 45502 have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in 45502 was $285,000 in August 2024, up 4.1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.5K | - | N/A |
| 2 Bedrooms | $165K | $174.9K | +6.0% |
| 3 Bedrooms | $267.4K | $275K | +2.8% |
| 4 Bedrooms | $299K | $367K | +22.7% |
| 5+ Bedrooms | $350K | $429.9K | +22.8% |
Summary: 45502 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 22.8%.
Housing Supply in 45502, OH
How many homes are available in 45502, OH?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 42 | +2.4% |
Summary: The 45502 real estate market had 42 homes for sale in August 2024, a 2.4% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 18 | 20 | +11.1% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 45502 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45502, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 45502 in August 2024, down by 38.5% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 45502, OH
We’re sorry, we don't have information for this market at the moment
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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. 
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