Is Diamond, 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, Diamond has remained a Seller's Market.
Key Takeaway
Diamond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Diamond, OH
How much do homes in Diamond, OH cost?
Median Sold Price
$300,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Diamond have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Diamond was $300,000 in May 2024, up 21.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.4K | $166.7K | -21.5% |
| 3 Bedrooms | $195.7K | $255K | +30.3% |
| 4 Bedrooms | $325.1K | $310K | -4.7% |
| 5+ Bedrooms | $228.5K | $195K | -14.7% |
Summary: Diamond housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 30.3%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Paris Township | $156.9K | $225K | +43.4% |
| Palmyra Township | $244.9K | $300.5K | +22.7% |
| Diamond | $247.4K | $300K | +21.2% |
| Lake Milton | $189.5K | $211.2K | +11.5% |
| Milton Township | $214K | $224K | +4.7% |
Housing Supply in Diamond, OH
How many homes are available in Diamond, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The Diamond real estate market had 5 homes for sale in May 2024, a 25.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Diamond 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 50%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Diamond, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Diamond in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Diamond, OH
How long does it take to sell a home in Diamond, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 156 Days | 109 Days | -29.8% |
Summary: Homes in Diamond had an average of 109 days on market in May 2024, down by 29.8% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Diamond has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Diamond; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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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.