Is Weinland Park, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Weinland Park has remained a Seller's Market.
Key Takeaway
Weinland Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Weinland Park, OH
How much do homes in Weinland Park, OH cost?
Median Sold Price
$430,000
$262/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Weinland Park have sold for 47.7% less than they did a month ago.
Summary: The median home sold price in Weinland Park was $430,000 in April 2024, down 47.7% from last month, and the median price per square foot was $262.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $330K | N/A |
| 3 Bedrooms | $822.5K | $477.5K | -41.9% |
| 4 Bedrooms | - | $432K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Weinland Park 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 decreased by 41.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Weinland Park, OH
How many homes are available in Weinland Park, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 17 | +54.5% |
Summary: The Weinland Park real estate market had 17 homes for sale in April 2024, a 54.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Weinland Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Weinland Park, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in Weinland Park in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Weinland Park, OH
How long does it take to sell a home in Weinland Park, OH?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 162 Days | 11 Days | -93.0% |
Summary: Homes in Weinland Park had an average of 11 days on market in Apr 2024, down by 93% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Weinland Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Weinland Park; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% 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.