Harpster & Barker Group

Worthington, OH 43085

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis


Worthington, OH 43085

Sat Sep 07 2024
This week the median list price for Worthington, OH 43085 is $489,900 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the Worthington market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Worthington, OH 43085

Sat Sep 07 2024
This week the median list price for Worthington, OH 43085 is $489,900 with the market action index hovering around 53. This is less than last month's market action index of 63. Inventory has increased to 12. Click here to stay informed with the Worthington market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Worthington market.
Median List Price $489,900
Median Price of New Listings $786,950
Per Square Foot $235
Average Days on Market 40
Median Days on Market 35
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 12
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in 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
$1,050,000 3,954 0.25 - 0.5 acre 6 4.5 48 1 1 42
$550,000 2,287 0.25 - 0.5 acre 4 2.5 57 1 2 84
$477,450 2,104 0.25 - 0.5 acre 4 3 60 0 0 35
$450,000 1,876 0.25 - 0.5 acre 3 2 61 0 1 21