Is Canal Winchester, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canal Winchester is a seller's market

Buyer's
Market

Difference Since December 2020

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

$315,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$53,172(+20.3%)

Key Takeaway

Homes in Canal Winchester have sold for 20.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 --
N/A
2 $185K$210K
+13.5%
3 $245K$295.5K
+20.6%
4 $301.3K$342.7K
+13.7%
5+ $321.2K$430.5K
+34.0%

Median Sold Price Compared To Nearby Cities

Lithopolis
+22.8%
Canal Winchester
+20.3%
Violet Township
+20.1%
Madison Township
+17.8%
Canal Winchester
+14.7%

How many homes are available in Canal Winchester, OH?

Number of Homes For Sale

Nov 2021Dec 2021%
3437+8.8%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 44
0.0%
3 1717
0.0%
4 1214
+16.7%
5+ 12
+100.0%

Number of Homes Sold

Nov 2021Dec 2021%
1114+27.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canal Winchester, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Dec 2020Dec 2021%
10 Days12 Days+21.7%

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canal Winchester are selling fast, if you're buying plan to act quickly.

About Canal Winchester, OH

Homes for sale in Canal Winchester, OH have reached 37. Between November 2021 and December 2021, Canal Winchester, OH real estate market has seen increase in the number of listings by 8.8%. The median list price of listings available in December 2021 was $315,000, while the average time on the real estate market was 12 days. Listing prices have changed in this real estate market between November 2021 and December 2021: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 13.5%, 3 bedrooms properties became 20.6% more expensive, prices of 4 bedrooms properties increased by 13.7%, the cost of 5 bedrooms properties went up by 34%. Volume of homes for sale changed: number of 1 bedroom homes remained the same, number of 2 bedrooms homes remained the same, number of 3 bedrooms homes remained the same, number of 4 bedrooms homes increased by 16.7%, 5 bedrooms homes became 100% more available. Canal Winchester, OH housing market in December 2021 saw over 6 listings sold above listed price, more than 6 sold at listed price and over 2 sold below.

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