Is Five Points, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Five Points has remained a Seller's Market.
Housing Prices in Five Points, OH
How much do homes in Five Points, OH cost?
Median Sold Price
$92,000
$74/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Five Points was $92,000 in April 2024, up 2.3% from last year, and the median price per square foot was $74.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $40K | N/A |
2 Bedrooms | $76K | $84.9K | +11.7% |
3 Bedrooms | $92K | $92.6K | +0.7% |
4 Bedrooms | $117.2K | $115K | -1.9% |
5+ Bedrooms | $85K | $156.5K | +84.1% |
Summary: Five Points housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 84.1%.
Median Sold Price Compared To Nearby Neighborhoods
Old West End | $58K | $83K | +43.1% |
North Towne | $124.2K | $138K | +11.1% |
Lagrange | $39.4K | $41.2K | +4.6% |
Five Points | $89.9K | $92K | +2.3% |
Housing Supply in Five Points, OH
How many homes are available in Five Points, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 75 | +8.7% |
Summary: The Five Points real estate market had 75 homes for sale in April 2024, a 8.7% 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 | 15 | 16 | +6.7% |
3 Bedrooms | 42 | 46 | +9.5% |
4 Bedrooms | 11 | 11 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Five Points 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 6.7%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 20 | 0.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Five Points in April 2024, the same as the previous month. Of the 20 sold homes, 55% were sold under asking, 10% were sold at asking, and 35% were sold over asking.
Days on Market for Five Points, OH
How long does it take to sell a home in Five Points, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 68 Days | +18.8% |
Summary: Homes in Five Points had an average of 68 days on market in Apr 2024, up by 18.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Five Points; 25% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.