$3,266 Closing Credit*
$275,000
1,867 SqFt
3 Beds
•2 Full Baths
#224043563, Bradley L Shields, Listing Office: Redfin Corporation
Is Canal Winchester, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Canal Winchester was a Seller's Market.
Key Takeaway
Canal Winchester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Canal Winchester, OH
How much do homes in Canal Winchester, OH cost?
Median Sold Price
$323,952
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,952(+1.2%)
Key Takeaway
Homes in Canal Winchester have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in Canal Winchester was $323,952 in November 2024, up 1.2% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $145K | -15.7% |
| 2 Bedrooms | $210K | $223K | +6.2% |
| 3 Bedrooms | $304K | $310K | +2.0% |
| 4 Bedrooms | $375K | $385K | +2.7% |
| 5+ Bedrooms | $502.4K | $490K | -2.5% |
Summary: Canal Winchester housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Madison Township | $244.9K | $250K | +2.1% |
| Canal Winchester | $320K | $323.9K | +1.2% |
Housing Supply in Canal Winchester, OH
How many homes are available in Canal Winchester, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Canal Winchester real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Canal Winchester housing inventory by bedroom type for November 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canal Winchester, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Canal Winchester in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Canal Winchester, OH
How long does it take to sell a home in Canal Winchester, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 117 Days | +442.6% |
Summary: Homes in Canal Winchester had an average of 117 days on market in Nov 2024, up by 442.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Canal Winchester are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Canal Winchester; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.