43338 Housing Market Report January 2025•Morrow County, Ohio

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Housing Prices in 43338, OH

How much do homes in 43338, OH cost?

Housing Market Conditions

Is 43338, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

43338 is a Seller's Market

Difference Since January 2024

Since last year, 43338 has remained a Seller's Market.

Insight

43338 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$297,650$152/SqFt
-$20,200
-6.4%

Based on all homes sold in the last 12 months

Insight

Homes in 43338 have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in 43338 was $297,650 in January 2025, down 6.4% from last year, and the median price per square foot was $152.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
43019
+4.2%
43315
+4.0%
43338
-6.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$245K$200K
-18.4%
3$290K$290K
0.0%
4$352K$374.5K
+6.4%
5$440K$480K
+9.1%

Summary: 43338 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -18.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes increased by +6.4%. The home price for 5 bedroom homes increased by +9.1%.

Housing supply in 43338, OH

How many homes are available in 43338, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
35Last MonthJan 2025
392 months agoDec 2024
-10.3 %
Change MoMDec – Jan

Summary: The 43338 real estate market had 35 homes for sale in Jan 2025, a 10.3 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthJan 2025
112 months agoDec 2024
-45.5 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
287
-12.5%
32120
-4.8%
477
0.0%
531
-66.7%

Summary: 43338 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes decreased by -4.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -66.7%.

Asking Price vs. Sold Price

How much do homes in 43338, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price2 Homes

Under Asking Price2 Homes

Insight

If you're buying a home in 43338, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 43338 in January 2025, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.

Days on Market for 43338, OH

How long does it take to sell a home in 43338, OH?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Many homes in 43338 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 6 homes were sold in 43338; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
78 DaysThis YearJan 2025
54 Days1 year agoJan 2024
+43.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 43338 had an average listing age of 78 days in Jan 2025, up by 43.3% compared to the previous year.

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Newest Listings in 43338, OH

What homes are available in 43338, OH?

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MLS Disclaimers and Copyright

Based on information from Columbus and Central Ohio Regional MLS, and Mansfield Assocation of REALTORS® MLS for the period 02/01/2023 - 02/01/2025

IDX 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.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/9/2025, 8:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.