Is Reynolds Corners, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reynolds Corners is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Reynolds Corners has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Reynolds Corners, OH

How much do homes in Reynolds Corners, OH cost?

Median Sold Price

$156,000

$115/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,350(+4.9%)

Key Takeaway

Homes in Reynolds Corners have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Reynolds Corners was $156,000 in October 2024, up 4.9% from last year, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $77K$52.5K
-31.8%
2 $119K$135K
+13.4%
3 $150K$160K
+6.7%
4 $165K$157.5K
-4.5%
5+ $207.5K$186K
-10.4%

Summary: Reynolds Corners housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 10.4%.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+40.4%
Scott Park
+9.7%
Reynolds Corners
+4.9%
Southwyck
+4.9%
Glendale-Heatherdowns
+3.2%

Housing Supply in Reynolds Corners, OH

How many homes are available in Reynolds Corners, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8082+2.5%

Summary: The Reynolds Corners real estate market had 82 homes for sale in October 2024, a 2.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1215
+25.0%
3 5351
-3.8%
4 1213
+8.3%
5+ 33
0.0%

Summary: The Reynolds Corners 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 25%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2319-17.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reynolds Corners, you could pay more than the asking price. 57.9% of homes here sold above asking price last month.

Summary: A total of 19 homes were sold or pending in Reynolds Corners in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 32% were sold under asking, 11% were sold at asking, and 58% were sold over asking.

Days on Market for Reynolds Corners, OH

How long does it take to sell a home in Reynolds Corners, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days43 Days+1.3%

Summary: Homes in Reynolds Corners had an average of 43 days on market in Oct 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

14 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 Reynolds Corners has remained consistent over time.

Summary: During October 2024, 19 homes were sold in Reynolds Corners; 21% of homes were sold within 30 days, 74% of homes were sold within 30 to 90 days, and 5% 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 23 Days Ago

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