Is Bexley, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bexley is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Bexley was a Seller's Market.

Key Takeaway

Bexley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bexley, OH

How much do homes in Bexley, OH cost?

Median Sold Price

$505,500

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$24,500(-4.6%)

Key Takeaway

Homes in Bexley have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Bexley was $505,500 in February 2024, down 4.6% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$395K
N/A
2 $346K$340K
-1.7%
3 $400K$410K
+2.5%
4 $742.5K$700K
-5.7%
5+ $1.0M$845K
-22.1%

Summary: Bexley housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 22.1%.

Median Sold Price Compared To Nearby Cities

Columbus
+7.7%
Bexley
-4.6%

Housing Supply in Bexley, OH

How many homes are available in Bexley, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3237+15.6%

Summary: The Bexley real estate market had 37 homes for sale in February 2024, a 15.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1012
+20.0%
4 1012
+20.0%
5+ 911
+22.2%

Summary: The Bexley housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bexley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Bexley in February 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Bexley, OH

How long does it take to sell a home in Bexley, OH?

Average Sale Time

Feb 2023Feb 2024CHANGE
42 Days6 Days-84.1%

Summary: Homes in Bexley had an average of 6 days on market in Feb 2024, down by 84.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bexley are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 4 homes were sold in Bexley; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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