Is Parkhill Land, 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, Parkhill Land was a Seller's Market.
Key Takeaway
Parkhill Land 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 Parkhill Land, OH
How much do homes in Parkhill Land, OH cost?
Median Sold Price
$71,000
$35/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Parkhill Land have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Parkhill Land was $71,000 in April 2024, up 2.9% from last year, and the median price per square foot was $35.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | - | N/A |
| 2 Bedrooms | $59.9K | $69.9K | +16.7% |
| 3 Bedrooms | $60K | $65K | +8.3% |
| 4 Bedrooms | $78K | $71K | -9.0% |
| 5+ Bedrooms | $77K | $71.4K | -7.2% |
Summary: Parkhill Land 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 16.7%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 7.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Miles / Harvard Park | $77.4K | $89.2K | +15.2% |
| Parkhill Land | $69K | $71K | +2.9% |
| East View | $150K | $147.5K | -1.7% |
Housing Supply in Parkhill Land, OH
How many homes are available in Parkhill Land, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 24 | +50.0% |
Summary: The Parkhill Land real estate market had 24 homes for sale in April 2024, a 50.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 6 | +500.0% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Parkhill Land 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 decreased by 50%, 3 bedroom homes increased by 500%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Parkhill Land, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Parkhill Land in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Parkhill Land, OH
How long does it take to sell a home in Parkhill Land, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 100 Days | +193.1% |
Summary: Homes in Parkhill Land had an average of 100 days on market in Apr 2024, up by 193.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Parkhill Land are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 4 homes were sold in Parkhill Land; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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