Is University, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, University was a Seller's Market.
Key Takeaway
University is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in University, OH
How much do homes in University, OH cost?
Median Sold Price
$395,000
$218/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in University have sold for 103.3% more than they did a month ago.
Summary: The median home sold price in University was $395,000 in April 2024, up 103.3% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | - | $375K | N/A |
| 3 Bedrooms | - | $555K | N/A |
| 4 Bedrooms | $241.5K | $372K | +54.0% |
| 5+ Bedrooms | $298.5K | - | N/A |
Summary: University housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 54%, and 5+ bedroom homes did not change.
Housing Supply in University, OH
How many homes are available in University, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The University real estate market had 24 homes for sale in April 2024, a 4.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The University 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 increased by 14.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in University, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in University in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.
Days on Market for University, OH
How long does it take to sell a home in University, OH?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 21 Days | -53.1% |
Summary: Homes in University had an average of 21 days on market in Apr 2024, down by 53.1% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in University are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in University; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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