Is Westerville City Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Westerville City Township has remained a Seller's Market.
Housing Prices in Westerville City Township, OH
How much do homes in Westerville City Township, OH cost?
Median Sold Price
$418,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Westerville City Township was $418,000 in April 2024, down 1.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $308.5K | $339.5K | +10.0% |
3 Bedrooms | $380K | $386.5K | +1.7% |
4 Bedrooms | $480K | $487K | +1.5% |
5+ Bedrooms | $532.4K | $510K | -4.2% |
Summary: Westerville City Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
Orange Township | $456.9K | $519.9K | +13.8% |
Columbus City Township | $359.1K | $397.6K | +10.7% |
Westerville | $376.8K | $400.7K | +6.3% |
Genoa Township | $500K | $520K | +4.0% |
Westerville City Township | $425K | $418K | -1.6% |
Housing Supply in Westerville City Township, OH
How many homes are available in Westerville City Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 32 | +3.2% |
Summary: The Westerville City Township real estate market had 32 homes for sale in April 2024, a 3.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 9 | 8 | -11.1% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Westerville City Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Westerville City Township in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 7% were sold at asking, and 64% were sold over asking.
Days on Market for Westerville City Township, OH
How long does it take to sell a home in Westerville City Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 19 Days | +74.6% |
Summary: Homes in Westerville City Township had an average of 19 days on market in Apr 2024, up by 74.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Westerville City Township; 93% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.