Is King-Lincoln Bronzeville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, King-Lincoln Bronzeville was a Neutral Market.
Key Takeaway
King-Lincoln Bronzeville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in King-Lincoln Bronzeville, OH
How much do homes in King-Lincoln Bronzeville, OH cost?
Median Sold Price
$358,750
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in King-Lincoln Bronzeville have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in King-Lincoln Bronzeville was $358,750 in April 2024, up 16.9% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $210K | - | N/A |
| 2 Bedrooms | $224.8K | $357.5K | +59.0% |
| 3 Bedrooms | $318.5K | $307.5K | -3.5% |
| 4 Bedrooms | $385.6K | $534K | +38.5% |
| 5+ Bedrooms | $365K | $419.5K | +14.9% |
Summary: King-Lincoln Bronzeville 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 59%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Neighborhoods
| King-Lincoln Bronzeville | $307K | $358.7K | +16.9% |
| Mount Vernon | $185K | $185K | 0.0% |
| Franklin Park | $442.4K | $412.5K | -6.8% |
| Woodland Park | $290K | $270K | -6.9% |
| Old Town East | $525K | $379.5K | -27.7% |
Housing Supply in King-Lincoln Bronzeville, OH
How many homes are available in King-Lincoln Bronzeville, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 36 | +16.1% |
Summary: The King-Lincoln Bronzeville real estate market had 36 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The King-Lincoln Bronzeville 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 16.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in King-Lincoln Bronzeville, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in King-Lincoln Bronzeville in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for King-Lincoln Bronzeville, OH
How long does it take to sell a home in King-Lincoln Bronzeville, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 113 Days | +141.3% |
Summary: Homes in King-Lincoln Bronzeville had an average of 113 days on market in Apr 2024, up by 141.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in King-Lincoln Bronzeville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in King-Lincoln Bronzeville; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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.