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 March 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
$416,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Westerville City Township was $416,000 in March 2024, down 1.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $290K | $340K | +17.2% |
3 Bedrooms | $387.5K | $376.2K | -2.9% |
4 Bedrooms | $477.5K | $487K | +2.0% |
5+ Bedrooms | $532.4K | $508.1K | -4.6% |
Summary: Westerville City Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Orange Township | $455K | $522.4K | +14.8% |
Columbus City Township | $358.3K | $390K | +8.8% |
Westerville | $380K | $400K | +5.3% |
Genoa Township | $505K | $516.1K | +2.2% |
Westerville City Township | $422.5K | $416K | -1.5% |
Housing Supply in Westerville City Township, OH
How many homes are available in Westerville City Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Summary: The Westerville City Township real estate market had 28 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 5 | 8 | +60.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Westerville City Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Westerville City Township in March 2024, the same as the previous month. Of the 10 sold homes, 10% were sold under asking, 10% were sold at asking, and 80% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
2 Days | 5 Days | +87.1% |
Summary: Homes in Westerville City Township had an average of 5 days on market in Mar 2024, up by 87.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Westerville City Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.