Is Sugar Grove, 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, Sugar Grove has remained a Seller's Market.
Key Takeaway
Sugar Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sugar Grove, OH
How much do homes in Sugar Grove, OH cost?
Median Sold Price
$300,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sugar Grove have sold for 28.2% more than they did a year ago.
Summary: The median home sold price in Sugar Grove was $300,000 in April 2024, up 28.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $107.4K | $249.8K | +132.6% |
| 3 Bedrooms | $300K | $325K | +8.3% |
| 4 Bedrooms | $180K | $750K | +316.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Sugar Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 132.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 316.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sugar Grove | $234K | $300K | +28.2% |
| Berne Township | $200K | $205K | +2.5% |
Housing Supply in Sugar Grove, OH
How many homes are available in Sugar Grove, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 24 | +60.0% |
Summary: The Sugar Grove real estate market had 24 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 4 | 10 | +150.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sugar Grove 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 33.3%, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 5 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Grove, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Sugar Grove in April 2024, up by 100.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Sugar Grove, OH
How long does it take to sell a home in Sugar Grove, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 46 Days | 32 Days | -29.5% |
Summary: Homes in Sugar Grove had an average of 32 days on market in Apr 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Grove are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Sugar Grove; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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.