Is Reynoldsburg, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reynoldsburg is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Reynoldsburg, OH

How much do homes in Reynoldsburg, OH cost?

Median Sold Price

$290,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,450(+0.9%)

Key Takeaway

Homes in Reynoldsburg have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Reynoldsburg was $290,000 in November 2024, up 0.9% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $162.5K$195.5K
+20.3%
3 $265K$275.9K
+4.1%
4 $328.2K$338.5K
+3.1%
5+ $415K$349.3K
-15.8%

Summary: Reynoldsburg 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 20.3%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Cities

Truro Township
+6.6%
Etna Township
+4.8%
Reynoldsburg
+0.9%

Housing Supply in Reynoldsburg, OH

How many homes are available in Reynoldsburg, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1512-20.0%

Summary: The Reynoldsburg real estate market had 12 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 129
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Reynoldsburg 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reynoldsburg, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Reynoldsburg in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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

Nov 2023Nov 2024CHANGE
17 Days70 Days+312.6%

Summary: Homes in Reynoldsburg had an average of 70 days on market in Nov 2024, up by 312.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 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 Reynoldsburg has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Reynoldsburg; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% 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

Newest Listings in Reynoldsburg, OH

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