Is Scioto Southland, 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, Scioto Southland has remained a Seller's Market.
Housing Prices in Scioto Southland, OH
How much do homes in Scioto Southland, OH cost?
Median Sold Price
$203,750
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Scioto Southland was $203,750 in May 2024, up 13.2% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $116.5K | $83.7K | -28.1% |
2 Bedrooms | $160.8K | $140K | -13.0% |
3 Bedrooms | $180K | $205K | +13.9% |
4 Bedrooms | $213K | $237K | +11.3% |
5+ Bedrooms | $219K | $260K | +18.7% |
Summary: Scioto Southland housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.1%, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 18.7%.
Median Sold Price Compared To Nearby Neighborhoods
Scioto Southland | $180K | $203.7K | +13.2% |
Southwest Columbus | $255K | $275.7K | +8.1% |
Steelton | $145K | $96.9K | -33.1% |
Housing Supply in Scioto Southland, OH
How many homes are available in Scioto Southland, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 53 | +6.0% |
Summary: The Scioto Southland real estate market had 53 homes for sale in May 2024, a 6.0% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Scioto Southland 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 5.9%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Scioto Southland in May 2024, down by 6.7% month-over-month. Of the 14 sold homes, 21% were sold under asking, 29% were sold at asking, and 50% were sold over asking.
Days on Market for Scioto Southland, OH
How long does it take to sell a home in Scioto Southland, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 23 Days | +95.8% |
Summary: Homes in Scioto Southland had an average of 23 days on market in May 2024, up by 95.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 14 homes were sold in Scioto Southland; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.