Is Obetz, 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, Obetz has remained a Seller's Market.
Housing Prices in Obetz, OH
How much do homes in Obetz, OH cost?
Median Sold Price
$296,800
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Obetz was $296,800 in May 2024, down 5.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $92K | N/A |
2 Bedrooms | $155K | $142K | -8.4% |
3 Bedrooms | $240K | $280K | +16.7% |
4 Bedrooms | $363.2K | $350K | -3.7% |
5+ Bedrooms | $429.9K | $455K | +5.8% |
Summary: Obetz housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
Hamilton Township | $220K | $226.7K | +3.1% |
Groveport | $290K | $296.8K | +2.4% |
Madison Township | $249.6K | $253.1K | +1.4% |
Obetz | $314.3K | $296.8K | -5.6% |
Housing Supply in Obetz, OH
How many homes are available in Obetz, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 18 | -10.0% |
Summary: The Obetz real estate market had 18 homes for sale in May 2024, a 10.0% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Obetz 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 remained the same, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Obetz in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Obetz, OH
How long does it take to sell a home in Obetz, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
9 Days | 37 Days | +300.0% |
Summary: Homes in Obetz had an average of 37 days on market in May 2024, up by 300% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Obetz; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.