Is Reynoldsburg City Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Reynoldsburg City Township has remained a Seller's Market.
Key Takeaway
Reynoldsburg City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Reynoldsburg City Township, OH
How much do homes in Reynoldsburg City Township, OH cost?
Median Sold Price
$425,000
$133/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Reynoldsburg City Township have sold for 15% less than they did a month ago.
Summary: The median home sold price in Reynoldsburg City Township was $425,000 in April 2024, down 15% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $351K | N/A |
| 4 Bedrooms | $500K | $425K | -15.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Reynoldsburg City Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 15%, and 5+ bedroom homes did not change.
Housing Supply in Reynoldsburg City Township, OH
How many homes are available in Reynoldsburg City Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Summary: The Reynoldsburg City Township real estate market had 7 homes for sale in April 2024, a 40.0% 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 | 0 | 0.0% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Reynoldsburg City Township 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 remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Reynoldsburg City Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Reynoldsburg City Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Reynoldsburg City Township, OH
How long does it take to sell a home in Reynoldsburg City Township, OH?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 Days | 51 Days | +2466.7% |
Summary: Homes in Reynoldsburg City Township had an average of 51 days on market in Apr 2024, up by 2466.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Reynoldsburg City Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Reynoldsburg City Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.