Is Columbus Grove, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Columbus Grove is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Columbus Grove has remained a Seller's Market.

Key Takeaway

Columbus Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Columbus Grove, OH

How much do homes in Columbus Grove, OH cost?

Median Sold Price

$124,950

$83/sqft

Based on all homes sold in August 2024.

Difference Since Last Month

-$21,050(-14.4%)

Key Takeaway

Homes in Columbus Grove have sold for 14.4% less than they did a month ago.

Summary: The median home sold price in Columbus Grove was $124,950 in August 2024, down 14.4% from last month, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 --
N/A
2 --
N/A
3 $146K$80K
-45.2%
4 -$150K
N/A
5+ --
N/A

Summary: Columbus Grove housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Columbus Grove
-14.4%
Pleasant Township
-31.6%

Housing Supply in Columbus Grove, OH

How many homes are available in Columbus Grove, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
87-12.5%

Summary: The Columbus Grove real estate market had 7 homes for sale in August 2024, a 12.5% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Columbus Grove housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Columbus Grove, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Columbus Grove in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Columbus Grove, OH

How long does it take to sell a home in Columbus Grove, OH?

Average Sale Time

Jul 2024Aug 2024CHANGE
54 Days53 Days-2.3%

Summary: Homes in Columbus Grove had an average of 53 days on market in Aug 2024, down by 2.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Columbus Grove has remained consistent over time.

Summary: During August 2024, 4 homes were sold in Columbus Grove; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Columbus Grove, OH

Nearby Markets to Columbus Grove, OH