$677 Closing Credit*
$57,000
1,196 SqFt
3 Beds
•1 Full Bath, 1 Partial
Jeff Horne, Listing Office: Coldwell Banker Heritage
Is 45502, 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, 45502 has remained a Seller's Market.
Key Takeaway
45502 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45502, OH
How much do homes in 45502, OH cost?
Median Sold Price
$280,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,000(+1.4%)
Key Takeaway
Homes in 45502 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 45502 was $280,000 in October 2024, up 1.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.5K | - | N/A |
| 2 Bedrooms | $169.9K | $174.9K | +2.9% |
| 3 Bedrooms | $277.5K | $260K | -6.3% |
| 4 Bedrooms | $313K | $357.5K | +14.2% |
| 5+ Bedrooms | $350K | $412.4K | +17.8% |
Summary: 45502 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 2.9%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in 45502, OH
How many homes are available in 45502, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 58 | +23.4% |
Summary: The 45502 real estate market had 58 homes for sale in October 2024, a 23.4% increase 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 | 8 | +60.0% |
| 3 Bedrooms | 24 | 30 | +25.0% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 45502 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 increased by 60%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 14 | +75.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 45502, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 45502 in October 2024, up by 75.0% month-over-month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for 45502, OH
How long does it take to sell a home in 45502, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 84 Days | +3280.0% |
Summary: Homes in 45502 had an average of 84 days on market in Oct 2024, up by 3280% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 45502 has remained consistent over time.
Summary: During October 2024, 14 homes were sold in 45502; 0% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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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.