Is Bexley, 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, Bexley has remained a Seller's Market.
Key Takeaway
Bexley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bexley, OH
How much do homes in Bexley, OH cost?
Median Sold Price
$516,750
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bexley have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Bexley was $516,750 in May 2024, down 1.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $395K | N/A |
| 2 Bedrooms | $346K | $265K | -23.4% |
| 3 Bedrooms | $400K | $435K | +8.8% |
| 4 Bedrooms | $735K | $780K | +6.1% |
| 5+ Bedrooms | $1.0M | $990K | -4.3% |
Summary: Bexley 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 23.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Columbus | $262.2K | $279.7K | +6.7% |
| Bexley | $522.9K | $516.7K | -1.2% |
Housing Supply in Bexley, OH
How many homes are available in Bexley, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 50 | +8.7% |
Summary: The Bexley real estate market had 50 homes for sale in May 2024, a 8.7% 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 | 5 | 3 | -40.0% |
| 3 Bedrooms | 17 | 24 | +41.2% |
| 4 Bedrooms | 16 | 12 | -25.0% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Bexley 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 40%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bexley, you could pay more than the asking price. 68.4% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in Bexley in May 2024, the same as the previous month. Of the 19 sold homes, 21% were sold under asking, 11% were sold at asking, and 68% were sold over asking.
Days on Market for Bexley, OH
How long does it take to sell a home in Bexley, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 15 Days | 13 Days | -17.3% |
Summary: Homes in Bexley had an average of 13 days on market in May 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bexley are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 19 homes were sold in Bexley; 84% of homes were sold within 30 days, 16% 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.