$397,500
3.47 Acres
Land
#224033790, Lori Lynn, Listing Office: Keller Williams Consultants
Is Lewis Center, 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, Lewis Center has remained a Seller's Market.
Key Takeaway
Lewis Center is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lewis Center, OH
How much do homes in Lewis Center, OH cost?
Median Sold Price
$532,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,700(+8.7%)
Key Takeaway
Homes in Lewis Center have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Lewis Center was $532,000 in October 2024, up 8.7% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $253K | $292K | +15.4% |
| 3 Bedrooms | $392.5K | $430K | +9.6% |
| 4 Bedrooms | $552.5K | $567.1K | +2.6% |
| 5+ Bedrooms | $652.5K | $731.6K | +12.1% |
Summary: Lewis Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Cities
| Lewis Center | $489.3K | $532K | +8.7% |
| Berlin Township | $577.5K | $617K | +6.8% |
| Orange Township | $510.5K | $543.4K | +6.5% |
| Liberty Township | $556.7K | $568.9K | +2.2% |
Housing Supply in Lewis Center, OH
How many homes are available in Lewis Center, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Summary: The Lewis Center 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 | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lewis Center 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lewis Center, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Lewis Center in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lewis Center, OH
How long does it take to sell a home in Lewis Center, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 94 Days | +130.4% |
Summary: Homes in Lewis Center had an average of 94 days on market in Oct 2024, up by 130.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Lewis Center are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 4 homes were sold in Lewis Center; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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.