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.
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
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
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
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.