Is Plain Township, 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, Plain Township was a Seller's Market.
Key Takeaway
Plain Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Plain Township, OH
How much do homes in Plain Township, OH cost?
Median Sold Price
$770,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Plain Township have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in Plain Township was $770,000 in April 2024, up 5.5% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $825K | - | N/A |
| 2 Bedrooms | $480.4K | $519.4K | +8.1% |
| 3 Bedrooms | $475K | $549.9K | +15.8% |
| 4 Bedrooms | $790K | $951.2K | +20.4% |
| 5+ Bedrooms | $1.3M | $1.5M | +14.8% |
Summary: Plain Township 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 8.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
| Blendon Township | $289.9K | $325K | +12.1% |
| Jefferson Township | $359K | $390K | +8.6% |
| Plain Township | $730K | $770K | +5.5% |
| Gahanna | $345K | $350K | +1.4% |
| New Albany | $700K | $550K | -21.4% |
Housing Supply in Plain Township, OH
How many homes are available in Plain Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 62 | 75 | +21.0% |
Summary: The Plain Township real estate market had 75 homes for sale in April 2024, a 21.0% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 23 | 28 | +21.7% |
| 5+ Bedrooms | 18 | 26 | +44.4% |
Summary: The Plain Township 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 decreased by 33.3%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plain Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in Plain Township in April 2024, down by 9.1% month-over-month. Of the 10 sold homes, 30% were sold under asking, 20% were sold at asking, and 50% were sold over asking.
Days on Market for Plain Township, OH
How long does it take to sell a home in Plain Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 6 Days | 5 Days | -15.0% |
Summary: Homes in Plain Township had an average of 5 days on market in Apr 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plain Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in Plain Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.