Is Columbus City Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus City Township is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Columbus City Township has remained a Seller's Market.

Key Takeaway

Columbus City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbus City Township, OH

How much do homes in Columbus City Township, OH cost?

Median Sold Price

$388,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$38,000(+10.9%)

Key Takeaway

Homes in Columbus City Township have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Columbus City Township was $388,000 in February 2024, up 10.9% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $225K$240K
+6.7%
3 $355K$385K
+8.5%
4 $391K$417.5K
+6.8%
5+ $365K$405K
+11.0%

Summary: Columbus City Township 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 increased by 6.7%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 11%.

Median Sold Price Compared To Nearby Cities

Orange Township
+15.0%
Columbus City Township
+10.9%
Lewis Center
+9.2%
Westerville
+5.0%
Westerville City Township
-0.7%

Housing Supply in Columbus City Township, OH

How many homes are available in Columbus City Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1110-9.1%

Summary: The Columbus City Township real estate market had 10 homes for sale in February 2024, a 9.1% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 98
-11.1%
4 11
0.0%
5+ 11
0.0%

Summary: The Columbus City Township 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 decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus City Township, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Columbus City Township in February 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 0% were sold at asking, and 83% were sold over asking.

Days on Market for Columbus City Township, OH

How long does it take to sell a home in Columbus City Township, OH?

Average Sale Time

Feb 2023Feb 2024CHANGE
40 Days9 Days-77.8%

Summary: Homes in Columbus City Township had an average of 9 days on market in Feb 2024, down by 77.8% compared to last year.

Breakdown of Home Sale Times

6 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 Columbus City Township are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 6 homes were sold in Columbus City Township; 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 28 Days Ago

Newest Listings in Columbus City Township, OH

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