Harpster & Barker Group

Powell, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



Powell, OH

Fri Mar 29 2024
This week the median list price for Powell, OH is $572,070 with the market action index hovering around 55. This is an increase over last month's market action index of 49. Inventory has decreased to 33. Click here to stay informed with the Powell market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Powell, OH

Fri Mar 29 2024
This week the median list price for Powell, OH is $572,070 with the market action index hovering around 55. This is an increase over last month's market action index of 49. Inventory has decreased to 33. Click here to stay informed with the Powell market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Powell market.
Median List Price $572,070
Median Price of New Listings $579,000
Per Square Foot $228
Average Days on Market 65
Median Days on Market 28
Price Decreased 30%
Price Increased 0%
Relisted 3%
Inventory 33
Median Rent
Market Action 55
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
$896,770 3,274 6,500 - 8,000 sqft 3 3.3 1 1 1 70
$588,550 2,896 8,000 - 10,000 sqft 4 3 3 4 3 35
$512,780 2,084 6,500 - 8,000 sqft 3 2.5 0 0 4 28
$449,900 1,946 6,500 - 8,000 sqft 3 2 3 4 1 7