$4,097 Closing Credit*
$345,000
2,112 SqFt
3 Beds
•2 Full Baths
Kristin Howard, Listing Office: Coldwell Banker Heritage
Is 45504, 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, 45504 has remained a Seller's Market.
Key Takeaway
45504 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45504, OH
How much do homes in 45504, OH cost?
Median Sold Price
$228,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$28,000(+14.0%)
Key Takeaway
Homes in 45504 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 45504 was $228,000 in October 2024, up 14% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $139.5K | -7.0% |
| 3 Bedrooms | $196.5K | $227K | +15.5% |
| 4 Bedrooms | $200.5K | $339.2K | +69.2% |
| 5+ Bedrooms | $401K | $300K | -25.2% |
Summary: 45504 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 7%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes decreased by 25.2%.
Housing Supply in 45504, OH
How many homes are available in 45504, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 55 | +17.0% |
Summary: The 45504 real estate market had 55 homes for sale in October 2024, a 17.0% 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 | 3 | 8 | +166.7% |
| 3 Bedrooms | 26 | 27 | +3.8% |
| 4 Bedrooms | 15 | 16 | +6.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 45504 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 166.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45504, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 45504 in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 54% were sold under asking, 46% were sold at asking, and 0% were sold over asking.
Days on Market for 45504, OH
How long does it take to sell a home in 45504, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 243 Days | +419.2% |
Summary: Homes in 45504 had an average of 243 days on market in Oct 2024, up by 419.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 45504 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 13 homes were sold in 45504; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 8% 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.