Is Redick Park, 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, Redick Park has remained a Seller's Market.
Housing Prices in Redick Park, OH
How much do homes in Redick Park, OH cost?
Median Sold Price
$320,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Redick Park was $320,000 in April 2024, up 7.7% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $73K | $81.2K | +11.2% |
2 Bedrooms | $128K | $149K | +16.4% |
3 Bedrooms | $300K | $334.9K | +11.7% |
4 Bedrooms | $379K | $410K | +8.2% |
5+ Bedrooms | - | $276K | N/A |
Summary: Redick Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes increased by 16.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Raymond Park | $335.5K | $362K | +7.9% |
Redick Park | $297K | $320K | +7.7% |
McKinley Avenue Corridor | $282.5K | $271K | -4.1% |
Housing Supply in Redick Park, OH
How many homes are available in Redick Park, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Summary: The Redick Park real estate market had 14 homes for sale in April 2024, a 12.5% decrease 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 | 2 | 0.0% |
3 Bedrooms | 9 | 7 | -22.2% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Redick Park 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 remained the same, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Redick Park in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% were sold over asking.
Days on Market for Redick Park, OH
How long does it take to sell a home in Redick Park, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 3 Days | -24.2% |
Summary: Homes in Redick Park had an average of 3 days on market in Apr 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Redick Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.