Is Karn's Park, 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, Karn's Park has remained a Seller's Market.
Key Takeaway
Karn's Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Karn's Park, OH
How much do homes in Karn's Park, OH cost?
Median Sold Price
$235,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Karn's Park have sold for 1% less than they did a year ago.
Summary: The median home sold price in Karn's Park was $235,000 in April 2024, down 1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121K | $105K | -13.2% |
| 2 Bedrooms | $179.9K | $182.5K | +1.4% |
| 3 Bedrooms | $251K | $265K | +5.6% |
| 4 Bedrooms | $305K | $249.9K | -18.1% |
| 5+ Bedrooms | $257.5K | $185K | -28.2% |
Summary: Karn's Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes decreased by 28.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Driving Park | $182K | $216K | +18.7% |
| Deshler Park | $175K | $201K | +14.9% |
| Southern Orchards | $260K | $277.5K | +6.7% |
| Karn's Park | $237.4K | $235K | -1.0% |
Housing Supply in Karn's Park, OH
How many homes are available in Karn's Park, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 54 | +8.0% |
Summary: The Karn's Park real estate market had 54 homes for sale in April 2024, a 8.0% 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 | 14 | 11 | -21.4% |
| 3 Bedrooms | 25 | 32 | +28.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Karn's Park 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 decreased by 21.4%, 3 bedroom homes increased by 28%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Karn's Park, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Karn's Park in April 2024, up by 66.7% month-over-month. Of the 10 sold homes, 40% were sold under asking, 10% were sold at asking, and 50% were sold over asking.
Days on Market for Karn's Park, OH
How long does it take to sell a home in Karn's Park, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 18 Days | -62.1% |
Summary: Homes in Karn's Park had an average of 18 days on market in Apr 2024, down by 62.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Karn's Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Karn's Park; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved