Is Reynoldsburg, 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, 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
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Reynoldsburg have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Reynoldsburg was $290,000 in April 2024, up 3.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.9K | $180K | +12.5% |
| 3 Bedrooms | $256.2K | $270.1K | +5.4% |
| 4 Bedrooms | $329K | $329.9K | 0.3% |
| 5+ Bedrooms | $383.9K | $390K | +1.6% |
Summary: Reynoldsburg 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 12.5%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Truro Township | $252K | $265K | +5.1% |
| Blacklick | $329.8K | $345K | +4.6% |
| Reynoldsburg | $280K | $290K | +3.6% |
| Etna Township | $345.3K | $340K | -1.5% |
Housing Supply in Reynoldsburg, OH
How many homes are available in Reynoldsburg, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 167 | 191 | +14.4% |
Summary: The Reynoldsburg real estate market had 191 homes for sale in April 2024, a 14.4% 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 | 9 | 15 | +66.7% |
| 3 Bedrooms | 92 | 96 | +4.3% |
| 4 Bedrooms | 62 | 73 | +17.7% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Reynoldsburg 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 66.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 47 | 47 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Reynoldsburg, you could pay more than the asking price. 48.9% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in Reynoldsburg in April 2024, the same as the previous month. Of the 47 sold homes, 19% were sold under asking, 32% were sold at asking, and 49% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 17 Days | +16.7% |
Summary: Homes in Reynoldsburg had an average of 17 days on market in Apr 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Reynoldsburg are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in Reynoldsburg; 85% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.