Is Stony Ridge, 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, Stony Ridge has remained a Seller's Market.
Key Takeaway
Stony Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Stony Ridge, OH
How much do homes in Stony Ridge, OH cost?
Median Sold Price
$325,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Stony Ridge have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Stony Ridge was $325,000 in March 2024, up 1.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $292K | $360K | +23.3% |
| 4 Bedrooms | $365K | $319.9K | -12.4% |
| 5+ Bedrooms | $425K | - | N/A |
Summary: Stony Ridge 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 did not change, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Ludlow | $255K | $299.7K | +17.5% |
| Taylor Woods | $375K | $389.8K | +4.0% |
| Stony Ridge | $320K | $325K | +1.6% |
| Taylor Ridge | $315K | $317K | +0.6% |
Housing Supply in Stony Ridge, OH
How many homes are available in Stony Ridge, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Summary: The Stony Ridge real estate market had 6 homes for sale in March 2024, a 45.5% decrease 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 3 | -50.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stony Ridge 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stony Ridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Stony Ridge in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Stony Ridge, OH
How long does it take to sell a home in Stony Ridge, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 10 Days | 80 Days | +685.4% |
Summary: Homes in Stony Ridge had an average of 80 days on market in Mar 2024, up by 685.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Stony Ridge has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Stony Ridge; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.