Is Lockbourne, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Lockbourne has remained a Buyer's Market.
Housing Prices in Lockbourne, OH
How much do homes in Lockbourne, OH cost?
Median Sold Price
$300,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lockbourne was $300,000 in March 2024, up 6.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $82.5K | $161K | +95.2% |
3 Bedrooms | $250K | $277K | +10.8% |
4 Bedrooms | $405K | $333.5K | -17.7% |
5+ Bedrooms | - | - | N/A |
Summary: Lockbourne housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 95.2%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Columbus | $259.8K | $278.8K | +7.3% |
Lockbourne | $280K | $300K | +7.1% |
Lockbourne | $282.5K | $300K | +6.2% |
Hamilton Township | $215K | $220K | +2.3% |
Harrison Township | $310K | $301.4K | -2.8% |
Housing Supply in Lockbourne, OH
How many homes are available in Lockbourne, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The Lockbourne real estate market had 26 homes for sale in March 2024, a 13.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lockbourne housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lockbourne in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Lockbourne, OH
How long does it take to sell a home in Lockbourne, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
7 Days | 163 Days | +2080.0% |
Summary: Homes in Lockbourne had an average of 163 days on market in Mar 2024, up by 2080% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Lockbourne; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.