Go Back To Article List

Selling My House in Columbus, OH

Posted Thursday, January 25, 2018

Columbus, Ohio is a thriving metropolis full of ethnic diversity and an active nightlife. Whether your home is in one of the suburbs, like Reynoldsburg, or you are in the downtown area makes no difference. When you need to sell your home, you need help! Since the housing market has rebounded nicely in the 614, you can ensure that when it comes to getting fair market value for your abode that it shouldn’t be any problem. Have you ever thought, “I need to sell my house fast?” Well, here are some tips to help. 

There is good news for those who want to get the most out of their real estate investment. In Columbus, the average home sale is up 6 percent for 2017 compared to 2016. The median average sales price in this area is $154,900. Of course, if your home is in the Upper Arlington area you are going to get more money than if it’s located in Whitehall. Supply and demand play a great deal in how much you will get from your home, and it’s all about the location. 

Buying a home has most people stretching their budget. However, according to an ad in the Columbus Dispatch, it costs more than $11,838 to sell a home each year here. So, let’s examine the numbers. Sellers must pay their real estate agent an average of 6.5 percent. If your home sells for $175,000, then you would owe the agent an astounding $11,375. 

What about your other fees? Just to get top dollar, you may need to paint, do some other remodeling and put more money into your home. Now, if your home sells within the first month being listed on the market, then your challenging work has paid off. However, homes can sit on the market for months even years before sellers can get their asking price. 

If you have already bought another home, you could be paying insurance, upkeep, and mortgages on two properties. It’s easy to see why a fast sale is the best answer. Again, your neighborhood and the demand in the area means everything. 

From May 24 to Aug 23 of 2017, reports show that 1,911 homes sold in the area. The average price per square foot is $110, which is up by over 10 percent. More than 47 percent of people own a home in this region, and the average income is $38,095. In Dublin, the average sales price is $290,000, which is an increase of over eight percent. Things are looking good in this area for growth and selling your home on the market shouldn’t be hard. However, you must make sure that you have the right house in the right neighborhood to get that quick sale. 

If you want to "sell my house fast," then you may want to consider options that can help you get you out of your home quick.