Is Canal Winchester, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Canal Winchester has remained a Seller's Market.
Key Takeaway
Canal Winchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Canal Winchester, OH cost?
Median Sold Price
$355,000
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Key Takeaway
Homes in Canal Winchester have sold for 11.9% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $265K | +15.2% |
| 3 Bedrooms | $297.3K | $325.5K | +9.5% |
| 4 Bedrooms | $350K | $402.3K | +15.0% |
| 5+ Bedrooms | $430.5K | $397.5K | -7.7% |
Median Sold Price Compared To Nearby Cities
| Madison Township | $236.1K | $285K | +20.7% |
| Canal Winchester | $256.1K | $297.4K | +16.1% |
| Canal Winchester | $317.3K | $355K | +11.9% |
| Violet Township | $349.3K | $385K | +10.2% |
| Lithopolis | $320K | $343.7K | +7.4% |
How many homes are available in Canal Winchester, OH?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 42 | 33 | -21.4% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 21 | 17 | -19.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 15 | 11 | -26.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Canal Winchester, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 11 Days | 23 Days | +102.6% |
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Canal Winchester are selling fast, if you're buying plan to act quickly.
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.