#225001641, Dylan J Knecht, Listing Office: RE/MAX Apex
Franklin County Housing Market Report December 2024•Franklin County, Ohio
Housing Prices in Franklin County, OH
How much do homes in Franklin County, OH cost?
Housing Market Conditions
Is Franklin County, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Franklin County is a Seller's Market
Difference Since December 2023
Since last year, Franklin County has remained a Seller's Market.
Franklin County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Franklin County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Franklin County was $312,915 in December 2024, up 4.3% from last year, and the median price per square foot was $193.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Madison County | $390.3K | $430K | +10.2% |
Franklin County | $299.9K | $312.9K | +4.3% |
Delaware County | $473.9K | $489.9K | +3.4% |
Fairfield County | $325.1K | $334.9K | +3.0% |
Licking County | $302.2K | $310.1K | +2.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $185.5K | $194.9K | +5.1% |
22 Bedrooms | $224.9K | $232.1K | +3.2% |
33 Bedrooms | $285.5K | $300.2K | +5.2% |
44 Bedrooms | $400K | $424.7K | +6.2% |
55+ Bedrooms | $598.9K | $559.9K | -6.5% |
Summary: Franklin County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +5.1%. The home price for 2 bedroom homes increased by +3.2%. The home price for 3 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes decreased by -6.5%.
Housing supply in Franklin County, OH
How many homes are available in Franklin County, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
3,522Last MonthDec 2024 | ||
3,8312 months agoNov 2024 | -8.1 % Change MoMNov – Dec |
Summary: The Franklin County real estate market had 3,522 homes for sale in Dec 2024, a 8.1 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
1,070Last MonthDec 2024 | ||
1,0432 months agoNov 2024 | +2.6 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 85 | 81 | -4.7% |
22 Bedrooms | 769 | 747 | -2.9% |
33 Bedrooms | 1,941 | 1,765 | -9.1% |
44 Bedrooms | 860 | 765 | -11.0% |
55+ Bedrooms | 176 | 164 | -6.8% |
Summary: Franklin County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -4.7%. The inventory for 2 bedroom homes decreased by -2.9%. The inventory for 3 bedroom homes decreased by -9.1%. The inventory for 4 bedroom homes decreased by -11.0%. The inventory for 5 bedroom homes decreased by -6.8%.
Asking Price vs. Sold Price
How much do homes in Franklin County, OH cost?
Over Asking Price293 Homes
At Asking Price257 Homes
Under Asking Price520 Homes
If you're buying a home in Franklin County, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 1,070 homes were sold or pending in Franklin County in December 2024, up by 2.6% month-over-month. Of the 1070 sold homes, 49% were sold under asking, 24% were sold at asking, and and 27% were sold over asking.
Days on Market for Franklin County, OH
How long does it take to sell a home in Franklin County, OH?
Breakdown of Home Sale Times
Under 30 Days689 Homes
30 – 90 Days283 Homes
Over 90 Days95 Homes
Many homes in Franklin County are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 1070 homes were sold in Franklin County; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
32 DaysThis YearDec 2024 | ||
25 Days1 year agoDec 2023 | +24.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Franklin County had an average listing age of 32 days in Dec 2024, up by 24.3% compared to the previous year.
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Newest Listings in Franklin County, OH
What homes are available in Franklin County, OH?
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, MLS Now, Dayton MLS, and Northwest Ohio Real Estate Information Systems for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 11:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.