$2,493 Closing Credit*
$209,900
1,565 SqFt
3 Beds
•2 Full Baths
Kal Mughrabi, Listing Office: Coldwell Banker Heritage
Is 45503, 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, 45503 has remained a Seller's Market.
Key Takeaway
45503 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45503, OH
How much do homes in 45503, OH cost?
Median Sold Price
$175,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,333(-1.3%)
Key Takeaway
Homes in 45503 have sold for 1.3% less than they did a year ago.
Summary: The median home sold price in 45503 was $175,000 in October 2024, down 1.3% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | - | N/A |
| 2 Bedrooms | $147K | $140K | -4.8% |
| 3 Bedrooms | $179.5K | $190K | +5.8% |
| 4 Bedrooms | $237.4K | $191.5K | -19.4% |
| 5+ Bedrooms | $161.2K | $178K | +10.4% |
Summary: 45503 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 decreased by 4.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in 45503, OH
How many homes are available in 45503, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 88 | +8.6% |
Summary: The 45503 real estate market had 88 homes for sale in October 2024, a 8.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 17 | 21 | +23.5% |
| 3 Bedrooms | 43 | 48 | +11.6% |
| 4 Bedrooms | 17 | 14 | -17.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 45503 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 11.6%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 17 | -41.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45503, you may be able to get a good deal. 35.3% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 45503 in October 2024, down by 41.4% month-over-month. Of the 17 sold homes, 35% were sold under asking, 35% were sold at asking, and 29% were sold over asking.
Days on Market for 45503, OH
How long does it take to sell a home in 45503, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 63 Days | +75.2% |
Summary: Homes in 45503 had an average of 63 days on market in Oct 2024, up by 75.2% 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 45503 has remained consistent over time.
Summary: During October 2024, 17 homes were sold in 45503; 0% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% 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.