Is Centerburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Centerburg has remained a Seller's Market.
Housing Prices in Centerburg, OH
How much do homes in Centerburg, OH cost?
Median Sold Price
$385,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Centerburg was $385,500 in February 2024, up 54.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $210K | +75.0% |
2 Bedrooms | $159K | $143.4K | -9.8% |
3 Bedrooms | $250K | $358.5K | +43.4% |
4 Bedrooms | $320K | $411K | +28.4% |
5+ Bedrooms | $1.0M | $448.4K | -55.2% |
Summary: Centerburg housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 9.8%, 3 bedroom homes increased by 43.4%, 4 bedroom homes increased by 28.4%, and 5+ bedroom homes decreased by 55.2%.
Median Sold Price Compared To Nearby Cities
Centerburg | $250K | $385.5K | +54.2% |
Hilliar Township | $281.5K | $310K | +10.1% |
Housing Supply in Centerburg, OH
How many homes are available in Centerburg, OH?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
18 | 17 | -5.6% |
Summary: The Centerburg real estate market had 17 homes for sale in February 2024, a 5.6% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Centerburg 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Centerburg in February 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Centerburg, OH
How long does it take to sell a home in Centerburg, OH?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
87 Days | 72 Days | -16.5% |
Summary: Homes in Centerburg had an average of 72 days on market in Feb 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in Centerburg; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.