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 December 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

$158,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$8,000(+5.3%)

Key Takeaway

Homes in Reynolds Corners have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Reynolds Corners was $158,000 in December 2024, up 5.3% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $52.5K$120K
+128.6%
2 $119.4K$135K
+13.0%
3 $159K$160K
+0.6%
4 $165K$160K
-3.0%
5+ $207.5K$211.7K
+2.0%

Summary: Reynolds Corners housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 128.6%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Neighborhoods

South Side
+23.3%
Scott Park
+9.5%
Glendale-Heatherdowns
+7.4%
Reynolds Corners
+5.3%
Southwyck
+4.7%

Housing Supply in Reynolds Corners, OH

How many homes are available in Reynolds Corners, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7870-10.3%

Summary: The Reynolds Corners real estate market had 70 homes for sale in December 2024, a 10.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 1718
+5.9%
3 4337
-14.0%
4 1512
-20.0%
5+ 22
0.0%

Summary: The Reynolds Corners 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 5.9%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2328+21.7%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 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. 40.7% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in Reynolds Corners in December 2024, up by 21.7% month-over-month. Of the 27 sold homes, 37% were sold under asking, 22% were sold at asking, and 41% 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

Dec 2023Dec 2024CHANGE
46 Days51 Days+9.9%

Summary: Homes in Reynolds Corners had an average of 51 days on market in Dec 2024, up by 9.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

4 Homes Were 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 December 2024, 28 homes were sold in Reynolds Corners; 18% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 14% 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 2 Days Ago

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