Is Scioto Southland, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scioto Southland is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Scioto Southland has remained a Seller's Market.

Key Takeaway

Scioto Southland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Scioto Southland, OH

How much do homes in Scioto Southland, OH cost?

Median Sold Price

$205,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,500(+12.9%)

Key Takeaway

Homes in Scioto Southland have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in Scioto Southland was $205,000 in April 2024, up 12.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $116.5K$83.7K
-28.1%
2 $160K$132.5K
-17.2%
3 $180K$205K
+13.9%
4 $219K$244.1K
+11.5%
5+ $325.9K$260K
-20.2%

Summary: Scioto Southland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.1%, 2 bedroom homes decreased by 17.2%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 20.2%.

Median Sold Price Compared To Nearby Neighborhoods

Scioto Southland
+12.9%
Southwest Columbus
+9.2%

Housing Supply in Scioto Southland, OH

How many homes are available in Scioto Southland, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6672+9.1%

Summary: The Scioto Southland real estate market had 72 homes for sale in April 2024, a 9.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 99
0.0%
3 4451
+15.9%
4 1111
0.0%
5+ 11
0.0%

Summary: The Scioto Southland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scioto Southland, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Scioto Southland in April 2024, down by 11.8% month-over-month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.

Days on Market for Scioto Southland, OH

How long does it take to sell a home in Scioto Southland, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
6 Days18 Days+206.2%

Summary: Homes in Scioto Southland had an average of 18 days on market in Apr 2024, up by 206.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Scioto Southland are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in Scioto Southland; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

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