Is Plain City, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Plain City has remained a Seller's Market.
Housing Prices in Plain City, OH
How much do homes in Plain City, OH cost?
Median Sold Price
$579,680
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Plain City was $579,680 in March 2024, up 23.7% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $350K | N/A |
2 Bedrooms | $327.2K | $322K | -1.6% |
3 Bedrooms | $433.9K | $435K | 0.3% |
4 Bedrooms | $542.5K | $634.9K | +17.0% |
5+ Bedrooms | $737K | $793K | +7.6% |
Summary: Plain City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 7.6%.
Median Sold Price Compared To Nearby Cities
Plain City | $468.5K | $579.6K | +23.7% |
Jerome Township | $629.5K | $685K | +8.8% |
Darby Township | $425K | $375.9K | -11.6% |
Housing Supply in Plain City, OH
How many homes are available in Plain City, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 108 | +9.1% |
Summary: The Plain City real estate market had 108 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 36 | 36 | 0.0% |
5+ Bedrooms | 29 | 33 | +13.8% |
Summary: The Plain City 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 increased by 100%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 13.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 27 | +58.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Plain City in March 2024, up by 58.8% month-over-month. Of the 27 sold homes, 41% were sold under asking, 26% were sold at asking, and 33% were sold over asking.
Days on Market for Plain City, OH
How long does it take to sell a home in Plain City, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
68 Days | 57 Days | -16.3% |
Summary: Homes in Plain City had an average of 57 days on market in Mar 2024, down by 16.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in Plain City; 70% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.