Is Lockbourne, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lockbourne has remained a Buyer's Market.
Housing Prices in Lockbourne, OH
How much do homes in Lockbourne, OH cost?
Median Sold Price
$282,250
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lockbourne was $282,250 in April 2024, down 8.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $82.5K | $162K | +96.4% |
3 Bedrooms | $250K | $277K | +10.8% |
4 Bedrooms | $370K | $349.2K | -5.6% |
5+ Bedrooms | - | - | N/A |
Summary: Lockbourne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Columbus | $260K | $279.6K | +7.6% |
Hamilton Township | $215.5K | $225K | +4.4% |
Lockbourne | $286.4K | $287.5K | 0.4% |
Harrison Township | $310.6K | $306K | -1.5% |
Lockbourne | $309.7K | $282.2K | -8.9% |
Housing Supply in Lockbourne, OH
How many homes are available in Lockbourne, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 31 | +14.8% |
Summary: The Lockbourne real estate market had 31 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lockbourne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lockbourne in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Lockbourne, OH
How long does it take to sell a home in Lockbourne, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
120 Days | 34 Days | -71.4% |
Summary: Homes in Lockbourne had an average of 34 days on market in Apr 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Lockbourne; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.