Is Point Place, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Point Place has remained a Seller's Market.
Key Takeaway
Point Place is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Point Place, OH
How much do homes in Point Place, OH cost?
Median Sold Price
$146,500
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Point Place have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Point Place was $146,500 in April 2024, up 4.6% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62.5K | $30K | -52.0% |
| 2 Bedrooms | $104K | $110K | +5.8% |
| 3 Bedrooms | $144K | $151K | +4.9% |
| 4 Bedrooms | $190K | $187.5K | -1.3% |
| 5+ Bedrooms | $122.8K | $119K | -3.1% |
Summary: Point Place housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Point Place | $140K | $146.5K | +4.6% |
| North River | $34.9K | $32K | -8.3% |
Housing Supply in Point Place, OH
How many homes are available in Point Place, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 63 | +37.0% |
Summary: The Point Place real estate market had 63 homes for sale in April 2024, a 37.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 34 | 41 | +20.6% |
| 4 Bedrooms | 4 | 11 | +175.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Point Place housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 175%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Point Place, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Point Place in April 2024, down by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.
Days on Market for Point Place, OH
How long does it take to sell a home in Point Place, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 63 Days | -4.1% |
Summary: Homes in Point Place had an average of 63 days on market in Apr 2024, down by 4.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Point Place has remained consistent over time.
Summary: During April 2024, 12 homes were sold in Point Place; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
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.