Is Heath, 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, Heath was a Seller's Market.
Housing Prices in Heath, OH
How much do homes in Heath, OH cost?
Median Sold Price
$284,950
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Heath was $284,950 in April 2024, up 9.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $212.7K | $275K | +29.3% |
3 Bedrooms | $248.5K | $256.8K | +3.4% |
4 Bedrooms | $312.5K | $362.8K | +16.1% |
5+ Bedrooms | $333.2K | $752K | +125.6% |
Summary: Heath 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 increased by 29.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 125.6%.
Median Sold Price Compared To Nearby Cities
Union Township | $274.9K | $320K | +16.4% |
Franklin Township | $228.5K | $265K | +15.9% |
Newark | $199.5K | $222.4K | +11.5% |
Heath | $260K | $284.9K | +9.6% |
Licking Township | $357.5K | $337K | -5.7% |
Housing Supply in Heath, OH
How many homes are available in Heath, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 69 | +15.0% |
Summary: The Heath real estate market had 69 homes for sale in April 2024, a 15.0% 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 | 4 | 8 | +100.0% |
3 Bedrooms | 33 | 42 | +27.3% |
4 Bedrooms | 15 | 12 | -20.0% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Heath 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 increased by 27.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 10 | -37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Heath in April 2024, down by 37.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Heath, OH
How long does it take to sell a home in Heath, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 40 Days | +128.9% |
Summary: Homes in Heath had an average of 40 days on market in Apr 2024, up by 128.9% compared to last year.
Breakdown of Home Sale Times
7 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, 10 homes were sold in Heath; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.