Find Your Edge in Today's Market

West Chester, OH 45069

Single-Family Homes

Kim Schieldknecht | 513-805-5484| www.cincinnatihometeam.com



West Chester, OH 45069

Tue Sep 28 2021
This week the median list price for West Chester, OH 45069 is $487,900 with the market action index hovering around 67. This is less than last month's market action index of 71. Inventory has held steady at or around 39. Click here to stay informed with the West Chester market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

West Chester, OH 45069

Tue Sep 28 2021
This week the median list price for West Chester, OH 45069 is $487,900 with the market action index hovering around 67. This is less than last month's market action index of 71. Inventory has held steady at or around 39. Click here to stay informed with the West Chester market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the West Chester market.
Median List Price $487,900
Median Price of New Listings $316,900
Per Square Foot $146
Average Days on Market 54
Median Days on Market 35
Price Decreased 33%
Price Increased 5%
Relisted 10%
Inventory 39
Median Rent $1,442
Market Action 67
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$769,900 4,237 0.5 - 1 acre 4 3 15 0 0 49
$526,950 3,313 0.25 - 0.5 acre 3 2 16 1 2 94
$407,400 2,453 0.25 - 0.5 acre 4 2 32 5 2 3
$275,000 1,921 8,000 - 10,000 sqft 4 2 42 5 3 7