Is Reynoldsburg, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Reynoldsburg has remained a Seller's Market.
Housing Prices in Reynoldsburg, OH
How much do homes in Reynoldsburg, OH cost?
Median Sold Price
$288,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Reynoldsburg was $288,000 in May 2024, up 2.2% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $158.4K | $187K | +18.0% |
3 Bedrooms | $262.3K | $270K | +2.9% |
4 Bedrooms | $325K | $329.9K | +1.5% |
5+ Bedrooms | $387.5K | $365K | -5.8% |
Summary: Reynoldsburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
Truro Township | $254.6K | $265K | +4.1% |
Blacklick | $331.9K | $340K | +2.4% |
Reynoldsburg | $281.8K | $288K | +2.2% |
Etna Township | $340K | $340K | 0.0% |
Housing Supply in Reynoldsburg, OH
How many homes are available in Reynoldsburg, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
150 | 167 | +11.3% |
Summary: The Reynoldsburg real estate market had 167 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 77 | 87 | +13.0% |
4 Bedrooms | 54 | 62 | +14.8% |
5+ Bedrooms | 7 | 4 | -42.9% |
Summary: The Reynoldsburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes decreased by 42.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 43 | -10.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Reynoldsburg in May 2024, down by 10.4% month-over-month. Of the 43 sold homes, 23% were sold under asking, 14% were sold at asking, and 63% were sold over asking.
Days on Market for Reynoldsburg, OH
How long does it take to sell a home in Reynoldsburg, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 27 Days | +142.6% |
Summary: Homes in Reynoldsburg had an average of 27 days on market in May 2024, up by 142.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Reynoldsburg; 65% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.