$3,561 Closing Credit*
$299,900
1,253 SqFt
3 Beds
•2 Full Baths
Bianca R Bicaci, Listing Office: Liberty Realty Sells For 1% and More
Is Canal Winchester, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Canal Winchester has remained a Seller's Market.
Key Takeaway
Canal Winchester is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canal Winchester, OH
How much do homes in Canal Winchester, OH cost?
Median Sold Price
$323,000
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,000(+0.9%)
Key Takeaway
Homes in Canal Winchester have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Canal Winchester was $323,000 in October 2024, up 0.9% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $172K | $145K | -15.7% |
| 2 Bedrooms | $201K | $223K | +10.9% |
| 3 Bedrooms | $305K | $310K | +1.6% |
| 4 Bedrooms | $365K | $400K | +9.6% |
| 5+ Bedrooms | $502.4K | $490K | -2.5% |
Summary: Canal Winchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Cities
| Violet Township | $407.4K | $447.5K | +9.8% |
| Madison Township | $245.5K | $250K | +1.8% |
| Canal Winchester | $320K | $323K | +0.9% |
Housing Supply in Canal Winchester, OH
How many homes are available in Canal Winchester, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Canal Winchester real estate market had 14 homes for sale in October 2024, a 22.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Canal Winchester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were 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 3 homes were sold or pending in Canal Winchester in October 2024, down by 25.0% month-over-month. Of the 3 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 17 Days | 76 Days | +333.0% |
Summary: Homes in Canal Winchester had an average of 76 days on market in Oct 2024, up by 333% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Canal Winchester has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Canal Winchester; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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. 
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.