$1,424 Closing Credit*
$119,900
1,120 SqFt
3 Beds
•1 Full Bath
Listing Office: Key Realty
Is Five Points, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Five Points has remained a Seller's Market.
Key Takeaway
Five Points is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Five Points, OH
How much do homes in Five Points, OH cost?
Median Sold Price
$107,500
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,499(+26.5%)
Key Takeaway
Homes in Five Points have sold for 26.5% more than they did a year ago.
Summary: The median home sold price in Five Points was $107,500 in November 2024, up 26.5% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $80K | $84.9K | +6.2% |
| 3 Bedrooms | $86.5K | $111K | +28.3% |
| 4 Bedrooms | $111K | $125K | +12.6% |
| 5+ Bedrooms | $113.9K | $149.9K | +31.6% |
Summary: Five Points housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Five Points | $85K | $107.5K | +26.5% |
| North Towne | $125K | $150K | +20.0% |
| Lagrange | $40K | $45K | +12.5% |
Housing Supply in Five Points, OH
How many homes are available in Five Points, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 84 | 84 | 0.0% |
Summary: The Five Points real estate market had 84 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 61 | 65 | +6.6% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Five Points housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Five Points, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Five Points in November 2024, down by 8.0% month-over-month. Of the 23 sold homes, 43% were sold under asking, 17% were sold at asking, and 39% were sold over asking.
Days on Market for Five Points, OH
How long does it take to sell a home in Five Points, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 50 Days | 47 Days | -5.5% |
Summary: Homes in Five Points had an average of 47 days on market in Nov 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Five Points has remained consistent over time.
Summary: During November 2024, 23 homes were sold in Five Points; 26% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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