$830 Closing Credit*
$69,900
2 Beds
•1 Full Bath, 1 Partial
Tim Sisler, Listing Office: Coldwell Banker Heritage
Is 45505, 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, 45505 has remained a Seller's Market.
Key Takeaway
45505 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 45505, OH
How much do homes in 45505, OH cost?
Median Sold Price
$148,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,100(+37.2%)
Key Takeaway
Homes in 45505 have sold for 37.2% more than they did a year ago.
Summary: The median home sold price in 45505 was $148,000 in October 2024, up 37.2% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32K | - | N/A |
| 2 Bedrooms | $92.2K | $115K | +24.7% |
| 3 Bedrooms | $121.5K | $155K | +27.6% |
| 4 Bedrooms | $166.2K | $179K | +7.7% |
| 5+ Bedrooms | $169.9K | $197.5K | +16.2% |
Summary: 45505 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 24.7%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in 45505, OH
How many homes are available in 45505, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 60 | 68 | +13.3% |
Summary: The 45505 real estate market had 68 homes for sale in October 2024, a 13.3% 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 | 17 | 17 | 0.0% |
| 3 Bedrooms | 30 | 37 | +23.3% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 45505 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 remained the same, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 22 | +83.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 45505, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 45505 in October 2024, up by 83.3% month-over-month. Of the 22 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for 45505, OH
How long does it take to sell a home in 45505, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 98 Days | +4800.0% |
Summary: Homes in 45505 had an average of 98 days on market in Oct 2024, up by 4800% 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 45505 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 22 homes were sold in 45505; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
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.