Is Colonial Heights, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Colonial Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Colonial Heights has remained a Seller's Market.

Key Takeaway

Colonial Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Colonial Heights, OH

How much do homes in Colonial Heights, OH cost?

Median Sold Price

$81,250

$32/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$37,625(+86.2%)

Key Takeaway

Homes in Colonial Heights have sold for 86.2% more than they did a month ago.

Summary: The median home sold price in Colonial Heights was $81,250 in April 2024, up 86.2% from last month, and the median price per square foot was $32.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $36.2K$81.2K
+124.1%
5+ $51K-
N/A

Summary: Colonial Heights housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 124.1%, and 5+ bedroom homes did not change.

Housing Supply in Colonial Heights, OH

How many homes are available in Colonial Heights, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Colonial Heights real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 45
+25.0%
5+ 43
-25.0%

Summary: The Colonial Heights 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Colonial Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Colonial Heights in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Colonial Heights, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
51 Days29 Days-42.7%

Summary: Homes in Colonial Heights had an average of 29 days on market in Apr 2024, down by 42.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Colonial Heights; 50% of homes were sold within 30 days, 50% 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 3 Days Ago

Newest Listings in Colonial Heights, OH

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