Harpster & Barker Group

Lewis Center, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis


Lewis Center, OH

Sat Jul 27 2024
This week the median list price for Lewis Center, OH is $643,100 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has decreased to 43. Click here to stay informed with the Lewis Center market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Lewis Center, OH

Sat Jul 27 2024
This week the median list price for Lewis Center, OH is $643,100 with the market action index hovering around 43. This is an increase over last month's market action index of 39. Inventory has decreased to 43. Click here to stay informed with the Lewis Center market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Lewis Center market.
Median List Price $643,100
Median Price of New Listings $630,000
Per Square Foot $226
Average Days on Market 96
Median Days on Market 70
Price Decreased 40%
Price Increased 9%
Relisted 2%
Inventory 43
Median Rent
Market Action 43
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. 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
$906,000 4,043 8,000 - 10,000 sqft 4 3.5 2 2 1 161
$730,000 2,787 0.25 - 0.5 acre 4 3.5 1 2 0 84
$614,180 2,711 0.25 - 0.5 acre 4 3 3 1 3 70
$489,900 2,351 0.25 - 0.5 acre 4 2.5 22 4 6 14