Is Old North Columbus, 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, Old North Columbus was a Seller's Market.
Key Takeaway
Old North Columbus is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Old North Columbus, OH
How much do homes in Old North Columbus, OH cost?
Median Sold Price
$266,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Old North Columbus have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Old North Columbus was $266,000 in April 2024, down 4.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $245.5K | $266K | +8.4% |
| 3 Bedrooms | $275K | $269K | -2.2% |
| 4 Bedrooms | $310.5K | $254.2K | -18.1% |
| 5+ Bedrooms | $300K | $604.5K | +101.5% |
Summary: Old North Columbus 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 8.4%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 18.1%, and 5+ bedroom homes increased by 101.5%.
Median Sold Price Compared To Nearby Neighborhoods
| South Clintonville | $390K | $392.5K | +0.6% |
| Old North Columbus | $277.5K | $266K | -4.1% |
Housing Supply in Old North Columbus, OH
How many homes are available in Old North Columbus, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 19 | +46.2% |
Summary: The Old North Columbus real estate market had 19 homes for sale in April 2024, a 46.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 5 | 9 | +80.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Old North Columbus 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 remained the same, 3 bedroom homes increased by 80%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Old North Columbus, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Old North Columbus in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Old North Columbus, OH
How long does it take to sell a home in Old North Columbus, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 104 Days | 4 Days | -95.5% |
Summary: Homes in Old North Columbus had an average of 4 days on market in Apr 2024, down by 95.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Old North Columbus are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Old North Columbus; 100% of homes were sold within 30 days, 0% 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.