Harpster & Barker Group

Lewis Center, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



Lewis Center, OH

Tue May 28 2024
This week the median list price for Lewis Center, OH is $694,894 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 36. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lewis Center, OH

Tue May 28 2024
This week the median list price for Lewis Center, OH is $694,894 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 36. 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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lewis Center market.
Median List Price $694,894
Median Price of New Listings $574,900
Per Square Foot $228
Average Days on Market 88
Median Days on Market 46
Price Decreased 28%
Price Increased 17%
Relisted 6%
Inventory 36
Median Rent
Market Action 43
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate 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
$1,145,000 4,100 0.25 - 0.5 acre 5 4.5 0 0 0 133
$749,900 2,812 6,500 - 8,000 sqft 4 3.5 1 0 1 105
$625,000 2,871 8,000 - 10,000 sqft 5 3 4 1 2 21
$529,888 2,620 0.25 - 0.5 acre 4 2.5 5 2 3 28