Is Frazeysburg, 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, Frazeysburg has remained a Seller's Market.
Key Takeaway
Frazeysburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Frazeysburg, OH
How much do homes in Frazeysburg, OH cost?
Median Sold Price
$218,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Frazeysburg have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Frazeysburg was $218,000 in May 2024, up 9.3% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $124K | $179.9K | +45.1% |
| 3 Bedrooms | $225K | $241.2K | +7.2% |
| 4 Bedrooms | $231.5K | $294.9K | +27.4% |
| 5+ Bedrooms | - | $180K | N/A |
Summary: Frazeysburg 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 increased by 45.1%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Frazeysburg | $199.5K | $218K | +9.3% |
| Jackson Township | $189.9K | $185K | -2.6% |
Housing Supply in Frazeysburg, OH
How many homes are available in Frazeysburg, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Frazeysburg real estate market had 11 homes for sale in May 2024, a 8.3% 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 | 4 | +100.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Frazeysburg 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Frazeysburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Frazeysburg in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Frazeysburg, OH
How long does it take to sell a home in Frazeysburg, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 6 Days | 25 Days | +325.0% |
Summary: Homes in Frazeysburg had an average of 25 days on market in May 2024, up by 325% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Frazeysburg are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Frazeysburg; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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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.