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 December 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

$299,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,080(+4.9%)

Key Takeaway

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

Summary: The median home sold price in Reynoldsburg was $299,000 in December 2024, up 4.9% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$387.5K
N/A
2 $165K$195.2K
+18.3%
3 $265K$280K
+5.7%
4 $325K$350K
+7.7%
5+ $415K$349K
-15.9%

Summary: Reynoldsburg 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 18.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 15.9%.

Median Sold Price Compared To Nearby Cities

Truro Township
+9.3%
Etna Township
+7.6%
Reynoldsburg
+4.9%
Blacklick
-0.1%

Housing Supply in Reynoldsburg, OH

How many homes are available in Reynoldsburg, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
155123-20.6%

Summary: The Reynoldsburg real estate market had 123 homes for sale in December 2024, a 20.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1611
-31.3%
3 8063
-21.3%
4 5444
-18.5%
5+ 55
0.0%

Summary: The Reynoldsburg 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 decreased by 31.3%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
5741-28.1%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

13 Homes Were 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. 46.3% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Reynoldsburg in December 2024, down by 28.1% month-over-month. Of the 41 sold homes, 46% were sold under asking, 22% were sold at asking, and 32% 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

Dec 2023Dec 2024CHANGE
17 Days29 Days+68.1%

Summary: Homes in Reynoldsburg had an average of 29 days on market in Dec 2024, up by 68.1% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Reynoldsburg are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 41 homes were sold in Reynoldsburg; 63% of homes were sold within 30 days, 32% 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 4 Days Ago

Newest Listings in Reynoldsburg, OH

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