Is Worthington, 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, Worthington has remained a Seller's Market.
Key Takeaway
Worthington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Worthington, OH
How much do homes in Worthington, OH cost?
Median Sold Price
$425,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Worthington have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in Worthington was $425,000 in April 2024, up 3.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $177.5K | N/A |
| 2 Bedrooms | $270K | $273.5K | +1.3% |
| 3 Bedrooms | $370K | $392.5K | +6.1% |
| 4 Bedrooms | $499K | $500K | 0.2% |
| 5+ Bedrooms | $618.7K | $650.5K | +5.1% |
Summary: Worthington 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 1.3%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
| Perry Township | $296K | $382.5K | +29.2% |
| Sharon Township | $409K | $440.3K | +7.7% |
| Columbus | $260K | $279.6K | +7.6% |
| Worthington | $410K | $425K | +3.7% |
Housing Supply in Worthington, OH
How many homes are available in Worthington, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 58 | 58 | 0.0% |
Summary: The Worthington real estate market had 58 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 21 | 20 | -4.8% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Worthington 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 decreased by 7.7%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Worthington, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Worthington in April 2024, down by 23.8% month-over-month. Of the 16 sold homes, 44% were sold under asking, 13% were sold at asking, and 44% were sold over asking.
Days on Market for Worthington, OH
How long does it take to sell a home in Worthington, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 8 Days | 25 Days | +212.2% |
Summary: Homes in Worthington had an average of 25 days on market in Apr 2024, up by 212.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Worthington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in Worthington; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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.