$4,394 Closing Credit*
$370,000
#224041105, Leah A Bastin, Listing Office: Cutler Real Estate
Is 43206, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 43206 was a Seller's Market.
Key Takeaway
43206 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 43206, OH
How much do homes in 43206, OH cost?
Median Sold Price
$335,983
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,554(+11.5%)
Key Takeaway
Homes in 43206 have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in 43206 was $335,983 in October 2024, up 11.5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189K | $315K | +66.7% |
| 2 Bedrooms | $359K | $355.5K | -1.0% |
| 3 Bedrooms | $289.9K | $317.5K | +9.5% |
| 4 Bedrooms | $335K | $405K | +20.9% |
| 5+ Bedrooms | $245K | $291K | +18.8% |
Summary: 43206 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 18.8%.
Housing Supply in 43206, OH
How many homes are available in 43206, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The 43206 real estate market had 24 homes for sale in October 2024, a 17.2% 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 43206 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 25%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 43206, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 43206 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 43206, OH
How long does it take to sell a home in 43206, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 176 Days | +523.3% |
Summary: Homes in 43206 had an average of 176 days on market in Oct 2024, up by 523.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 43206 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in 43206; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.