$2,850 Closing Credit*
$240,000
672 SqFt
Studio
#224043594, Craig Buehler, Listing Office: Coldwell Banker Realty
Is 43031, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 43031 was a Seller's Market.
Key Takeaway
43031 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 43031, OH
How much do homes in 43031, OH cost?
Median Sold Price
$431,250
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,250(+4.4%)
Key Takeaway
Homes in 43031 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 43031 was $431,250 in November 2024, up 4.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $259.7K | +12.9% |
| 3 Bedrooms | $381.6K | $385K | +0.9% |
| 4 Bedrooms | $431.2K | $460K | +6.7% |
| 5+ Bedrooms | $493.9K | $650K | +31.6% |
Summary: 43031 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 31.6%.
Housing Supply in 43031, OH
How many homes are available in 43031, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 29 | 26 | -10.3% |
Summary: The 43031 real estate market had 26 homes for sale in November 2024, a 10.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 43031 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43031, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 43031 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 43031, OH
How long does it take to sell a home in 43031, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 52 Days | +96.4% |
Summary: Homes in 43031 had an average of 52 days on market in Nov 2024, up by 96.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 43031 has remained consistent over time.
Summary: During November 2024, 2 homes were sold in 43031; 0% of homes were sold within 30 days, 100% 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.