Is Worthington, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Worthington has remained a Seller's Market.
Housing Prices in Worthington, OH
How much do homes in Worthington, OH cost?
Median Sold Price
$420,666
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Worthington was $420,666 in May 2024, up 2.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $180K | +20.0% |
2 Bedrooms | $242.3K | $271K | +11.8% |
3 Bedrooms | $365K | $394K | +7.9% |
4 Bedrooms | $500.8K | $499.9K | -0.2% |
5+ Bedrooms | $625K | $650K | +4.0% |
Summary: Worthington housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
Perry Township | $295.7K | $379.9K | +28.5% |
Riverlea | $520K | $666K | +28.1% |
Columbus | $262.2K | $279.7K | +6.7% |
Sharon Township | $410K | $435K | +6.1% |
Worthington | $409.5K | $420.6K | +2.7% |
Housing Supply in Worthington, OH
How many homes are available in Worthington, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 66 | +57.1% |
Summary: The Worthington real estate market had 66 homes for sale in May 2024, a 57.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 17 | 25 | +47.1% |
4 Bedrooms | 15 | 27 | +80.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Worthington housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 62.5%, 3 bedroom homes increased by 47.1%, 4 bedroom homes increased by 80%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 25 | +56.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Worthington in May 2024, up by 56.3% month-over-month. Of the 25 sold homes, 12% were sold under asking, 36% were sold at asking, and 52% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 8 Days | -53.7% |
Summary: Homes in Worthington had an average of 8 days on market in May 2024, down by 53.7% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 25 homes were sold in Worthington; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.