Is South Side, 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, South Side has remained a Seller's Market.
Housing Prices in South Side, OH
How much do homes in South Side, OH cost?
Median Sold Price
$61,500
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Side was $61,500 in April 2024, up 15.6% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $44.4K | +11.0% |
2 Bedrooms | $47.5K | $51K | +7.4% |
3 Bedrooms | $58.5K | $73K | +24.7% |
4 Bedrooms | $52.5K | $47K | -10.5% |
5+ Bedrooms | $19.5K | $65K | +232.7% |
Summary: South Side housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 24.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 232.7%.
Median Sold Price Compared To Nearby Neighborhoods
South Side | $53.2K | $61.5K | +15.6% |
Beverly | $156.1K | $167.5K | +7.3% |
Glendale-Heatherdowns | $175K | $185.5K | +6.0% |
ONYX | $30.9K | $32K | +3.4% |
Scott Park | $83K | $84.5K | +1.8% |
Housing Supply in South Side, OH
How many homes are available in South Side, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 62 | +24.0% |
Summary: The South Side real estate market had 62 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 16 | 17 | +6.3% |
3 Bedrooms | 26 | 33 | +26.9% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The South Side housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in South Side in April 2024, up by 18.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for South Side, OH
How long does it take to sell a home in South Side, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 82 Days | +33.3% |
Summary: Homes in South Side had an average of 82 days on market in Apr 2024, up by 33.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in South Side; 8% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.