Is Ostrander, 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, Ostrander has remained a Seller's Market.
Key Takeaway
Ostrander is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ostrander, OH
How much do homes in Ostrander, OH cost?
Median Sold Price
$497,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ostrander have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Ostrander was $497,500 in May 2024, up 1.5% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | - | N/A |
| 2 Bedrooms | $265.4K | $262.5K | -1.1% |
| 3 Bedrooms | $398.1K | $452.5K | +13.6% |
| 4 Bedrooms | $515.4K | $533.4K | +3.5% |
| 5+ Bedrooms | $570K | $567.1K | -0.5% |
Summary: Ostrander 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 1.1%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Ostrander | $490.2K | $497.5K | +1.5% |
| Scioto Township | $492.5K | $500K | +1.5% |
Housing Supply in Ostrander, OH
How many homes are available in Ostrander, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 30 | +42.9% |
Summary: The Ostrander real estate market had 30 homes for sale in May 2024, a 42.9% increase 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 8 | 14 | +75.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Ostrander 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 increased by 11.1%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Ostrander, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Ostrander in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Ostrander, OH
How long does it take to sell a home in Ostrander, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 44 Days | 65 Days | +47.7% |
Summary: Homes in Ostrander had an average of 65 days on market in May 2024, up by 47.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ostrander are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Ostrander; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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.