The Residence Park housing market is somewhat competitive. The median sale price of a home in Residence Park was $71K last month, up 30.1% since last year. The median sale price per square foot in Residence Park is $40, down 29.2% since last year.
What is the housing market like in Residence Park today?
In October 2024, Residence Park home prices were up 30.1% compared to last year, selling for a median price of $71K. On average, homes in Residence Park sell after 74 days on the market compared to 21 days last year. There were 16 homes sold in October this year, up from 14 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$71,250
+30.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Residence Park, OH
$71,250
+30.1%
United States
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How hot is the Residence Park housing market?
Residence Park is somewhat competitive. Homes sell in 39 days.
0
100
47
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 7% below list price and go pending in around 39 days.
Hot homes
can sell for around list price and go pending in around 10 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Residence Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Residence Park.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Residence Park has a minor risk of flooding. 162 properties in Residence Park are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Residence Park. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Residence Park has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Residence Park is most at risk from hurricanes. 3,146 properties in Residence Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 44 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 51 mph.