Is Ostrander, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ostrander was a Buyer's Market.
Key Takeaway
Ostrander is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ostrander, OH
How much do homes in Ostrander, OH cost?
Median Sold Price
$470,000
$222/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Ostrander have sold for 24.5% less than they did a month ago.
Summary: The median home sold price in Ostrander was $470,000 in March 2024, down 24.5% from last month, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $280K | N/A |
| 3 Bedrooms | $725K | $445K | -38.6% |
| 4 Bedrooms | $519.9K | $542.5K | +4.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Ostrander housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.6%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.
Housing Supply in Ostrander, OH
How many homes are available in Ostrander, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Ostrander real estate market had 34 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Ostrander housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 8 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ostrander, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Ostrander in March 2024, up by 300.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Ostrander, OH
How long does it take to sell a home in Ostrander, OH?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 26 Days | +24.4% |
Summary: Homes in Ostrander had an average of 26 days on market in Mar 2024, up by 24.4% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ostrander are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Ostrander; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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.