Is Lockbourne, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lockbourne is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Lockbourne was a Seller's Market.

Key Takeaway

Lockbourne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Lockbourne, OH cost?

Median Sold Price

$275,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$34,500(+14.3%)

Key Takeaway

Homes in Lockbourne have sold for 14.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $95K$280K
+194.7%
2 $165K$117K
-29.1%
3 $251K$275K
+9.6%
4 $240K$292.9K
+22.0%
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Harrison Township
+20.7%
Obetz
+14.9%
Lockbourne
+14.3%
Hamilton Township
+7.8%

How many homes are available in Lockbourne, OH?

Number of Homes For Sale

Aug 2022Sep 2022%
2529+16.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 00
0.0%
3 1820
+11.1%
4 68
+33.3%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lockbourne, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
5 Days3 Days-35.0%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lockbourne are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lockbourne, OH

There are 29 homes are for sale in Lockbourne, OH real estate market. The inventory of homes for sale in Lockbourne, OH between August 2022 and September 2022 increased by 16%. In September 2022 median list price was $275,000 and the average listing age was 3 days. Listing prices have changed in this real estate market between August 2022 and September 2022: the cost of 1 bedroom properties went up by 194.7%, prices of 2 bedrooms properties decreased by 29.1%, prices of 3 bedrooms properties increased by 9.6%, 4 bedrooms properties became 22% more expensive, 5 bedrooms properties became 0% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, 3 bedrooms homes inventory increased by 11.1%, the quantity of 4 bedrooms homes went up by 33.3%, 5 bedrooms homes did not move. In September 2022, from all listings sold in Lockbourne, OH there were more than 2 sold above asking price, over 1 sold below and more than 1 were sold right at the asked price.

Related Housing Market Reports