Is Driving Park, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Driving Park was a Neutral Market.
Housing Prices in Driving Park, OH
How much do homes in Driving Park, OH cost?
Median Sold Price
$216,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Driving Park was $216,000 in April 2024, up 18.7% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $152.4K | $128.8K | -15.5% |
3 Bedrooms | $185.7K | $230K | +23.8% |
4 Bedrooms | $275K | $337.5K | +22.7% |
5+ Bedrooms | - | $240K | N/A |
Summary: Driving Park 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 15.5%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Driving Park | $182K | $216K | +18.7% |
South of Main | $262.4K | $285K | +8.6% |
Berwick | $320K | $329.9K | +3.1% |
Housing Supply in Driving Park, OH
How many homes are available in Driving Park, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 70 | +2.9% |
Summary: The Driving Park real estate market had 70 homes for sale in April 2024, a 2.9% 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 | 12 | 12 | 0.0% |
3 Bedrooms | 41 | 44 | +7.3% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Driving 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 remained the same, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 12 | +140.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Driving Park in April 2024, up by 140.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Driving Park, OH
How long does it take to sell a home in Driving Park, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 24 Days | +77.5% |
Summary: Homes in Driving Park had an average of 24 days on market in Apr 2024, up by 77.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Driving Park; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.