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Jul 29, 2024 · Columbus Ohio Housing Market Forecast 2024. With an average home value currently at $ 247,042, reflecting a 5.9% increase over the past year, the market is heating up, characterized by quick sales and competitive pricing. Let's delve deeper into what factors are influencing these trends and what we can expect in the near future.
Jan 31, 2024 · Similar to other U.S. cities, the central Ohio housing market was hot in 2023. Columbus is a highly sought-after market, but last year it was more challenging than ever for first-time homebuyers . In February 2023, the Mid-Ohio Regional Planning Commission announced that recent growth places Central Ohio among the fastest-growing large metropolitan areas in the country.
Apr 29, 2024 · The median sale price in central Ohio in March 2024 was $310,000, and homes have lasted an average of 33 days on the market until sale. According to Columbus and Central Ohio Regional MLS statistics, the median sale price for the year is $300,000, and homes sell at 99.3% of the last list price received. “Midwesterners are inherently modest ...
Sep 9, 2024 · Home Sales: July 2024 recorded 12,521 home sales, up 6.9% from July 2023 – Ohio REALTORS. Sales Price Increase: The average home price rose to $304,802, indicating a 6.4% increase year-over-year. Market Resilience: 13 out of 14 tracked markets saw an increase in average sale prices compared to July 2023.
The Columbus housing market is very competitive. Homes in Columbus receive 4 offers on average and sell in around 39 days. The median sale price of a home in Columbus was $291K last month, up 4.7% since last year. The median sale price per square foot in Columbus is $188, up 4.1% since last year. Trends.
Year to date, the central Ohio housing market has outperformed 2023 by 4.6%. Through July 2024, there have been 16,548 sales compared to 15,813 at this time last year. In the local market spotlight, Columbus’ area continues to expand as Lancaster saw a 92% increase year over year with 73 sales.
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Oct 9, 2024 · Columbus MarketBeat Reports. Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels. Learn more about our local markets and property types by clicking our most recent Columbus MarketBeat reports below.
