$199,900
1.18 Acres
Land
#224039909, Brian Kelly, Listing Office: RE/MAX Connection
Is 43074, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 43074 has remained a Seller's Market.
Key Takeaway
43074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43074, OH
How much do homes in 43074, OH cost?
Median Sold Price
$492,195
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$24,295(+5.2%)
Key Takeaway
Homes in 43074 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 43074 was $492,195 in October 2024, up 5.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $400K | $418K | +4.5% |
| 3 Bedrooms | $436.7K | $465K | +6.5% |
| 4 Bedrooms | $501.6K | $565.8K | +12.8% |
| 5+ Bedrooms | $625.8K | $584.9K | -6.5% |
Summary: 43074 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in 43074, OH
How many homes are available in 43074, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 20 | -33.3% |
Summary: The 43074 real estate market had 20 homes for sale in October 2024, a 33.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 15 | 11 | -26.7% |
| 4 Bedrooms | 10 | 6 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 43074 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43074, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 43074 in October 2024, down by 20.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for 43074, OH
How long does it take to sell a home in 43074, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 132 Days | +411.4% |
Summary: Homes in 43074 had an average of 132 days on market in Oct 2024, up by 411.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 43074 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 8 homes were sold in 43074; 13% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 75% 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.