Harpster & Barker Group

Westerville, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



Westerville, OH

Wed Feb 21 2024
This week the median list price for Westerville, OH is $498,355 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 28. Click here to stay informed with the Westerville market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Westerville, OH

Wed Feb 21 2024
This week the median list price for Westerville, OH is $498,355 with the market action index hovering around 64. This is an increase over last month's market action index of 60. Inventory has decreased to 28. Click here to stay informed with the Westerville market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Westerville market.
Median List Price $498,355
Median Price of New Listings $449,950
Per Square Foot $238
Average Days on Market 73
Median Days on Market 77
Price Decreased 32%
Price Increased 0%
Relisted 11%
Inventory 28
Median Rent
Market Action 64
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$990,000 4,350 1 - 2.5 acres 4 4 9 0 0 105
$575,000 2,360 0.25 - 0.5 acre 4 2.5 23 3 3 7
$460,000 1,946 6,500 - 8,000 sqft 4 2.5 32 2 3 14
$385,000 1,500 0.25 - 0.5 acre 3 2 51 3 4 70