Is Plain Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Plain Township has remained a Seller's Market.
Key Takeaway
Plain Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$810,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Plain Township have sold for 16.1% more than they did a year ago.
Summary: The median home sold price in Plain Township was $810,000 in June 2024, up 16.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $482.9K | $518.4K | +7.3% |
| 3 Bedrooms | $506.7K | $570K | +12.5% |
| 4 Bedrooms | $828.5K | $925K | +11.6% |
| 5+ Bedrooms | $1.4M | $1.4M | +2.1% |
Summary: Plain Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 2.1%.
Median Sold Price Compared To Nearby Cities
| Plain Township | $697.5K | $810K | +16.1% |
| Blendon Township | $290K | $325K | +12.1% |
| Jefferson Township | $365K | $387.1K | +6.1% |
| Gahanna | $343.7K | $353.2K | +2.8% |
| New Albany | $605K | $571.6K | -5.5% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 76 | 53 | -30.3% |
Summary: The Plain Township real estate market had 53 homes for sale in June 2024, a 30.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 20 | 12 | -40.0% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 24 | 17 | -29.2% |
Summary: The Plain Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 29.2%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 26 | 22 | -15.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plain Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in Plain Township in June 2024, down by 15.4% month-over-month. Of the 22 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 9 Days | 24 Days | +148.7% |
Summary: Homes in Plain Township had an average of 24 days on market in Jun 2024, up by 148.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plain Township are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 22 homes were sold in Plain Township; 77% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 9% 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.