Is Sunbury, 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, Sunbury has remained a Seller's Market.
Key Takeaway
Sunbury is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sunbury, OH
How much do homes in Sunbury, OH cost?
Median Sold Price
$476,937
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sunbury have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Sunbury was $476,937 in March 2024, up 13.6% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $314.5K | $406.7K | +29.3% |
| 3 Bedrooms | $401.1K | $449.7K | +12.1% |
| 4 Bedrooms | $451.5K | $524.9K | +16.2% |
| 5+ Bedrooms | $520K | $607.3K | +16.8% |
Summary: Sunbury 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 29.3%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes increased by 16.8%.
Median Sold Price Compared To Nearby Cities
| Galena | $530K | $608K | +14.7% |
| Sunbury | $420K | $476.9K | +13.6% |
| Sunbury Village Township | $399.7K | $445K | +11.3% |
| Berkshire Township | $521.7K | $513.4K | -1.6% |
| Trenton Township | $343.4K | $295K | -14.1% |
Housing Supply in Sunbury, OH
How many homes are available in Sunbury, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 81 | 91 | +12.3% |
Summary: The Sunbury real estate market had 91 homes for sale in March 2024, a 12.3% 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 | 17 | 17 | 0.0% |
| 3 Bedrooms | 30 | 39 | +30.0% |
| 4 Bedrooms | 26 | 26 | 0.0% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Sunbury 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 increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 19 | +90.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sunbury, you could pay more than the asking price. 36.8% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Sunbury in March 2024, up by 90.0% month-over-month. Of the 19 sold homes, 32% were sold under asking, 32% were sold at asking, and 37% were sold over asking.
Days on Market for Sunbury, OH
How long does it take to sell a home in Sunbury, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 53 Days | 52 Days | -1.8% |
Summary: Homes in Sunbury had an average of 52 days on market in Mar 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sunbury are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Sunbury; 58% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 32% 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.