Is Centerburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Centerburg has remained a Seller's Market.
Housing Prices in Centerburg, OH
How much do homes in Centerburg, OH cost?
Median Sold Price
$376,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Centerburg was $376,000 in April 2024, up 39.3% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $210K | +75.0% |
2 Bedrooms | $159K | $201.9K | +27.0% |
3 Bedrooms | $280K | $349K | +24.6% |
4 Bedrooms | $315K | $438K | +39.0% |
5+ Bedrooms | $1.0M | $448.4K | -55.2% |
Summary: Centerburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 39%, and 5+ bedroom homes decreased by 55.2%.
Median Sold Price Compared To Nearby Cities
Centerburg | $270K | $376K | +39.3% |
Hilliar Township | $290K | $320.2K | +10.4% |
Housing Supply in Centerburg, OH
How many homes are available in Centerburg, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Centerburg real estate market had 19 homes for sale in April 2024, a 18.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Centerburg 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 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, 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
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Centerburg in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Centerburg, OH
How long does it take to sell a home in Centerburg, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 53 Days | +697.0% |
Summary: Homes in Centerburg had an average of 53 days on market in Apr 2024, up by 697% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Centerburg; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.