Is Upper Arlington, 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, Upper Arlington has remained a Seller's Market.
Key Takeaway
Upper Arlington is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Upper Arlington, OH
How much do homes in Upper Arlington, OH cost?
Median Sold Price
$575,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Upper Arlington have sold for 8% more than they did a year ago.
Summary: The median home sold price in Upper Arlington was $575,000 in April 2024, up 8% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $194.5K | $203.7K | +4.8% |
| 2 Bedrooms | $270K | $327K | +21.1% |
| 3 Bedrooms | $476.6K | $490K | +2.8% |
| 4 Bedrooms | $720K | $700K | -2.8% |
| 5+ Bedrooms | $1.0M | $1.2M | +10.6% |
Summary: Upper Arlington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Perry Township | $296K | $382.5K | +29.2% |
| Upper Arlington | $532.1K | $575K | +8.0% |
| Columbus | $260K | $279.6K | +7.6% |
| Norwich Township | $385.7K | $400K | +3.7% |
| Clinton Township | $243.7K | $201.5K | -17.3% |
Housing Supply in Upper Arlington, OH
How many homes are available in Upper Arlington, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 174 | 196 | +12.6% |
Summary: The Upper Arlington real estate market had 196 homes for sale in April 2024, a 12.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 21 | 22 | +4.8% |
| 3 Bedrooms | 66 | 74 | +12.1% |
| 4 Bedrooms | 59 | 69 | +16.9% |
| 5+ Bedrooms | 26 | 29 | +11.5% |
Summary: The Upper Arlington 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 increased by 4.8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 11.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 54 | +20.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Upper Arlington, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 54 homes were sold or pending in Upper Arlington in April 2024, up by 20.0% month-over-month. Of the 54 sold homes, 37% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for Upper Arlington, OH
How long does it take to sell a home in Upper Arlington, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 16 Days | +18.2% |
Summary: Homes in Upper Arlington had an average of 16 days on market in Apr 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Upper Arlington are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 54 homes were sold in Upper Arlington; 85% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% 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.