Is Orient, 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, Orient was a Neutral Market.
Key Takeaway
Orient is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Orient, OH
How much do homes in Orient, OH cost?
Median Sold Price
$315,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Orient have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Orient was $315,000 in April 2024, down 3.8% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $37.5K | - | N/A |
| 2 Bedrooms | $245K | $212.5K | -13.3% |
| 3 Bedrooms | $305K | $315K | +3.3% |
| 4 Bedrooms | $355K | $345K | -2.8% |
| 5+ Bedrooms | $510K | $386K | -24.3% |
Summary: Orient 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 decreased by 13.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 24.3%.
Median Sold Price Compared To Nearby Cities
| Scioto Township | $325K | $381K | +17.2% |
| Pleasant Township | $310K | $335K | +8.1% |
| Orient | $327.5K | $315K | -3.8% |
Housing Supply in Orient, OH
How many homes are available in Orient, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Summary: The Orient real estate market had 30 homes for sale in April 2024, a 11.1% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Orient 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Orient, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Orient in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Orient, OH
How long does it take to sell a home in Orient, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 9 Days | +213.9% |
Summary: Homes in Orient had an average of 9 days on market in Apr 2024, up by 213.9% compared to last year.
Breakdown of Home Sale Times
11 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 Orient are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Orient; 92% of homes were sold within 30 days, 8% 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.