$3,859 Closing Credit*
$325,000
1,344 SqFt
2 Beds
•2 Full Baths, 1 Partial
#225000029, Misty D Linn, Listing Office: Core Realty Collection
Is Karn's Park, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Karn's Park was a Seller's Market.
Key Takeaway
Karn's Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Karn's Park, OH
How much do homes in Karn's Park, OH cost?
Median Sold Price
$236,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,100(+0.9%)
Key Takeaway
Homes in Karn's Park have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Karn's Park was $236,000 in December 2024, up 0.9% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | - | N/A |
| 2 Bedrooms | $172.4K | $215.5K | +24.9% |
| 3 Bedrooms | $259K | $246K | -5.0% |
| 4 Bedrooms | $240.4K | $210K | -12.7% |
| 5+ Bedrooms | $185K | $115K | -37.8% |
Summary: Karn's Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 37.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Driving Park | $191.8K | $226.9K | +18.3% |
| Deshler Park | $198.5K | $214.9K | +8.3% |
| Southern Orchards | $280K | $298.8K | +6.7% |
| Karn's Park | $233.9K | $236K | +0.9% |
Housing Supply in Karn's Park, OH
How many homes are available in Karn's Park, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The Karn's Park real estate market had 34 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 29 | 25 | -13.8% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Karn's Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Karn's Park, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Karn's Park in December 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Karn's Park, OH
How long does it take to sell a home in Karn's Park, OH?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 50 Days | 22 Days | -56.5% |
Summary: Homes in Karn's Park had an average of 22 days on market in Dec 2024, down by 56.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Karn's Park are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Karn's Park; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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.