Is Caledonia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Caledonia was a Neutral Market.
Key Takeaway
Caledonia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caledonia, OH
How much do homes in Caledonia, OH cost?
Median Sold Price
$170,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Caledonia have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Caledonia was $170,000 in May 2024, up 18.9% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $114.9K | $150K | +30.5% |
| 3 Bedrooms | $179.9K | $150.2K | -16.5% |
| 4 Bedrooms | $135K | $345K | +155.6% |
| 5+ Bedrooms | $91.5K | $170K | +85.8% |
Summary: Caledonia 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 increased by 30.5%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 155.6%, and 5+ bedroom homes increased by 85.8%.
Median Sold Price Compared To Nearby Cities
| Caledonia | $143K | $170K | +18.9% |
| Claridon Township | $193K | $189.9K | -1.6% |
Housing Supply in Caledonia, OH
How many homes are available in Caledonia, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Summary: The Caledonia real estate market had 8 homes for sale in May 2024, a 100.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Caledonia 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Caledonia, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Caledonia in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Caledonia, OH
How long does it take to sell a home in Caledonia, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 49 Days | +516.7% |
Summary: Homes in Caledonia had an average of 49 days on market in May 2024, up by 516.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Caledonia are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Caledonia; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.