Is 43209, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 43209 has remained a Seller's Market.
Key Takeaway
43209 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43209, OH
How much do homes in 43209, OH cost?
Median Sold Price
$378,750
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 43209 have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in 43209 was $378,750 in May 2024, up 1.3% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94K | $395K | +320.2% |
| 2 Bedrooms | $230K | $193.5K | -15.9% |
| 3 Bedrooms | $341K | $350.1K | +2.7% |
| 4 Bedrooms | $534.5K | $539K | +0.8% |
| 5+ Bedrooms | $942.5K | $847.2K | -10.1% |
Summary: 43209 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 320.2%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 43209, OH
How many homes are available in 43209, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 83 | 92 | +10.8% |
Summary: The 43209 real estate market had 92 homes for sale in May 2024, a 10.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 38 | 50 | +31.6% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 10 | 14 | +40.0% |
Summary: The 43209 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 31.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 36 | +20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43209, you could pay more than the asking price. 63.9% of homes here sold above asking price last month.
Summary: A total of 36 homes were sold or pending in 43209 in May 2024, up by 20.0% month-over-month. Of the 36 sold homes, 25% were sold under asking, 11% were sold at asking, and 64% were sold over asking.
Days on Market for 43209, OH
How long does it take to sell a home in 43209, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | +1.1% |
Summary: Homes in 43209 had an average of 16 days on market in May 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 43209 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 36 homes were sold in 43209; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% 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.