Is Mc Arthur, 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, Mc Arthur has remained a Seller's Market.
Key Takeaway
Mc Arthur is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Arthur, OH
How much do homes in Mc Arthur, OH cost?
Median Sold Price
$167,500
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mc Arthur have sold for 36.5% less than they did a year ago.
Summary: The median home sold price in Mc Arthur was $167,500 in April 2024, down 36.5% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $275K | - | N/A |
| 2 Bedrooms | - | $275K | N/A |
| 3 Bedrooms | $261.1K | $164.9K | -36.9% |
| 4 Bedrooms | $365K | $257.5K | -29.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mc Arthur 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 did not change, 3 bedroom homes decreased by 36.9%, 4 bedroom homes decreased by 29.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madison Township | $193.9K | $200K | +3.1% |
| Mc Arthur | $263.7K | $167.5K | -36.5% |
Housing Supply in Mc Arthur, OH
How many homes are available in Mc Arthur, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Summary: The Mc Arthur real estate market had 11 homes for sale in April 2024, a 37.5% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mc Arthur 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Arthur, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Mc Arthur in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Mc Arthur, OH
How long does it take to sell a home in Mc Arthur, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 15 Days | +206.7% |
Summary: Homes in Mc Arthur had an average of 15 days on market in Apr 2024, up by 206.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mc Arthur are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Mc Arthur; 67% of homes were sold within 30 days, 33% 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.