Is Buckeye Lake, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Buckeye Lake was a Seller's Market.
Key Takeaway
Buckeye Lake 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 Buckeye Lake, OH
How much do homes in Buckeye Lake, OH cost?
Median Sold Price
$226,112
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Buckeye Lake have sold for 16% more than they did a year ago.
Summary: The median home sold price in Buckeye Lake was $226,112 in April 2024, up 16% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $61K | $240K | +293.4% |
| 2 Bedrooms | $180K | $180K | 0.0% |
| 3 Bedrooms | $200K | $370K | +85.0% |
| 4 Bedrooms | $218.5K | $427.9K | +95.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Buckeye Lake housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 293.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 85%, 4 bedroom homes increased by 95.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Union Township | $274.9K | $320K | +16.4% |
| Buckeye Lake | $195K | $226.1K | +16.0% |
| Walnut Township | $277.5K | $263K | -5.2% |
| Licking Township | $357.5K | $337K | -5.7% |
Housing Supply in Buckeye Lake, OH
How many homes are available in Buckeye Lake, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 26 | +36.8% |
Summary: The Buckeye Lake real estate market had 26 homes for sale in April 2024, a 36.8% 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 | 4 | 7 | +75.0% |
| 3 Bedrooms | 8 | 10 | +25.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Buckeye Lake 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 increased by 75%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Buckeye Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Buckeye Lake in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Buckeye Lake, OH
How long does it take to sell a home in Buckeye Lake, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 27 Days | 127 Days | +371.3% |
Summary: Homes in Buckeye Lake had an average of 127 days on market in Apr 2024, up by 371.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Buckeye Lake are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 4 homes were sold in Buckeye Lake; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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.