Is Columbus Grove, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Columbus Grove has remained a Seller's Market.
Key Takeaway
Columbus Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Columbus Grove, OH
How much do homes in Columbus Grove, OH cost?
Median Sold Price
$163,000
$106/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Columbus Grove have sold for 34.2% less than they did a month ago.
Summary: The median home sold price in Columbus Grove was $163,000 in May 2024, down 34.2% from last month, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $108K | $191K | +76.9% |
| 4 Bedrooms | $387.7K | $135K | -65.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Columbus Grove housing prices by bedroom type for May 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 increased by 76.9%, 4 bedroom homes decreased by 65.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pleasant Township | $108K | $115.5K | +6.9% |
| Columbus Grove | $247.8K | $163K | -34.2% |
Housing Supply in Columbus Grove, OH
How many homes are available in Columbus Grove, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Columbus Grove real estate market had 10 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Columbus Grove housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Columbus Grove, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in Columbus Grove in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Columbus Grove, OH
How long does it take to sell a home in Columbus Grove, OH?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 109 Days | 54 Days | -50.0% |
Summary: Homes in Columbus Grove had an average of 54 days on market in May 2024, down by 50% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Columbus Grove has remained consistent over time.
Summary: During May 2024, 4 homes were sold in Columbus Grove; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.