Is Reynoldsburg, 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, Reynoldsburg has remained a Seller's Market.
Key Takeaway
Reynoldsburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reynoldsburg, OH
How much do homes in Reynoldsburg, OH cost?
Median Sold Price
$290,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Reynoldsburg have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Reynoldsburg was $290,000 in March 2024, up 3.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $181.7K | +13.6% |
| 3 Bedrooms | $254.6K | $270K | +6.0% |
| 4 Bedrooms | $325.6K | $329.9K | +1.3% |
| 5+ Bedrooms | $385K | $417.5K | +8.4% |
Summary: Reynoldsburg 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 increased by 13.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Truro Township | $250K | $265K | +6.0% |
| Blacklick | $330K | $345K | +4.5% |
| Reynoldsburg | $280K | $290K | +3.6% |
| Etna Township | $345K | $339.5K | -1.6% |
Housing Supply in Reynoldsburg, OH
How many homes are available in Reynoldsburg, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 162 | 164 | +1.2% |
Summary: The Reynoldsburg real estate market had 164 homes for sale in March 2024, a 1.2% 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 | 6 | 9 | +50.0% |
| 3 Bedrooms | 85 | 92 | +8.2% |
| 4 Bedrooms | 67 | 59 | -11.9% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Reynoldsburg 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 50%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 42 | 44 | +4.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reynoldsburg, you could pay more than the asking price. 52.3% of homes here sold above asking price last month.
Summary: A total of 44 homes were sold or pending in Reynoldsburg in March 2024, up by 4.8% month-over-month. Of the 44 sold homes, 25% were sold under asking, 23% were sold at asking, and 52% were sold over asking.
Days on Market for Reynoldsburg, OH
How long does it take to sell a home in Reynoldsburg, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 34 Days | +108.0% |
Summary: Homes in Reynoldsburg had an average of 34 days on market in Mar 2024, up by 108% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Reynoldsburg are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 44 homes were sold in Reynoldsburg; 66% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 14% 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.