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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Obetz is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, Obetz has remained a Seller's Market.

Key Takeaway

Obetz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Obetz, OH cost?

Median Sold Price

$247,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$21,900(+9.7%)

Key Takeaway

Homes in Obetz have sold for 9.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $161.5K$108K
-33.1%
3 $206K$225K
+9.2%
4 $255.9K$324.9K
+27.0%
5+ $283.5K$332.5K
+17.3%

Median Sold Price Compared To Nearby Cities

Groveport
+25.9%
Madison Township
+20.1%
Lockbourne
+14.7%
Obetz
+9.7%
Hamilton Township
+7.1%

How many homes are available in Obetz, OH?

Number of Homes For Sale

Sep 2022Oct 2022%
1723+35.3%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 32
-33.3%
3 613
+116.7%
4 77
0.0%
5+ 11
0.0%

Number of Homes Sold

Sep 2022Oct 2022%
46+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Obetz, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Average Sale Time

Oct 2021Oct 2022%
7 Days7 Days-3.8%

Breakdown of Home Sale Times

6 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 Obetz 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 Obetz, OH

There are 23 homes are for sale in Obetz, OH real estate market. The number of homes for sale in Obetz, OH increased by 35.3% between September 2022 and October 2022. Listings spent 7 days on the market in October 2022, and had a median list price of $247,000 during the same period. From September 2022 through October 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 33.1%, 3 bedrooms properties prices increased by 9.2%, 4 bedrooms properties became 27% more expensive, the cost of 5 bedrooms properties went up by 17.3%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 33.3%, 3 bedrooms homes inventory increased by 116.7%, 4 bedrooms homes inventory did not change, volume of 5 bedrooms homes stayed the same. In October 2022, from all listings sold in Obetz, OH there were more than 4 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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