Is Bexley, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bexley is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bexley has remained a Seller's Market.

Key Takeaway

Bexley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bexley, OH

How much do homes in Bexley, OH cost?

Median Sold Price

$495,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$35,000(-6.6%)

Key Takeaway

Homes in Bexley have sold for 6.6% less than they did a year ago.

Summary: The median home sold price in Bexley was $495,000 in April 2024, down 6.6% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$395K
N/A
2 $338K$295K
-12.7%
3 $436.2K$400K
-8.3%
4 $750.5K$722.5K
-3.7%
5+ $1.0M$1.2M
+17.7%

Summary: Bexley 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 decreased by 12.7%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Cities

Columbus
+7.6%
Bexley
-6.6%

Housing Supply in Bexley, OH

How many homes are available in Bexley, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5059+18.0%

Summary: The Bexley real estate market had 59 homes for sale in April 2024, a 18.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2021
+5.0%
4 1620
+25.0%
5+ 1113
+18.2%

Summary: The Bexley 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 66.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 18.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1119+72.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bexley, you could pay more than the asking price. 78.9% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Bexley in April 2024, up by 72.7% month-over-month. Of the 19 sold homes, 11% were sold under asking, 11% were sold at asking, and 79% were sold over asking.

Days on Market for Bexley, OH

How long does it take to sell a home in Bexley, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days18 Days-10.8%

Summary: Homes in Bexley had an average of 18 days on market in Apr 2024, down by 10.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bexley are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Bexley; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Bexley, OH

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