Is Reynolds Corners, 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, Reynolds Corners has remained a Seller's Market.
Key Takeaway
Reynolds Corners is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reynolds Corners, OH
How much do homes in Reynolds Corners, OH cost?
Median Sold Price
$150,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Reynolds Corners have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Reynolds Corners was $150,000 in April 2024, up 8.7% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.5K | $52.5K | -29.5% |
| 2 Bedrooms | $120.4K | $121.4K | +0.9% |
| 3 Bedrooms | $140K | $158K | +12.9% |
| 4 Bedrooms | $158K | $162K | +2.5% |
| 5+ Bedrooms | $200.5K | $165K | -17.7% |
Summary: Reynolds Corners housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.5%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 17.7%.
Median Sold Price Compared To Nearby Neighborhoods
| South Side | $53.2K | $61.5K | +15.6% |
| Southwyck | $192.5K | $216.5K | +12.5% |
| Reynolds Corners | $138K | $150K | +8.7% |
| Glendale-Heatherdowns | $175K | $185.5K | +6.0% |
| Scott Park | $83K | $84.5K | +1.8% |
Housing Supply in Reynolds Corners, OH
How many homes are available in Reynolds Corners, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 69 | +9.5% |
Summary: The Reynolds Corners real estate market had 69 homes for sale in April 2024, a 9.5% 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 | 9 | 14 | +55.6% |
| 3 Bedrooms | 47 | 44 | -6.4% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Reynolds Corners 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 increased by 55.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 25 | +47.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reynolds Corners, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 25 homes were sold or pending in Reynolds Corners in April 2024, up by 47.1% month-over-month. Of the 25 sold homes, 28% were sold under asking, 12% were sold at asking, and 60% were sold over asking.
Days on Market for Reynolds Corners, OH
How long does it take to sell a home in Reynolds Corners, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 53 Days | 56 Days | +6.0% |
Summary: Homes in Reynolds Corners had an average of 56 days on market in Apr 2024, up by 6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Reynolds Corners has remained consistent over time.
Summary: During April 2024, 25 homes were sold in Reynolds Corners; 28% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 16% 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.