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

Mon Jan 17 2022
This week the median list price for West Chester, OH 45069 is $490,200 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has decreased to 22. 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 started cooling and prices have been flat for several weeks. Since 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

Mon Jan 17 2022
This week the median list price for West Chester, OH 45069 is $490,200 with the market action index hovering around 67. This is less than last month's market action index of 74. Inventory has decreased to 22. 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 started cooling and prices have been flat for several weeks. Since 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 $490,200
Median Price of New Listings $380,900
Per Square Foot $161
Average Days on Market 91
Median Days on Market 70
Price Decreased 23%
Price Increased 5%
Relisted 5%
Inventory 22
Median Rent $1,995
Market Action 67
Strong Seller's Market

The value placed on homes appears to be on the upswing, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and a greater number of smaller homes have more influence on overall prices.

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
$779,000 5,260 1 - 2.5 acres 4 3.5 13 0 0 119
$575,190 2,816 0.5 - 1 acre 3 3 34 1 1 56
$468,400 2,519 0.25 - 0.5 acre 3 2 33 1 2 52
$297,450 2,162 0.5 - 1 acre 3 2.3 50 1 1 73