Harpster & Barker Group
Worthington, OH 43085
Single-Family Homes
Broker, MBA, BSBA Real Estate and Urban Analysis
Worthington, OH 43085
Sat Dec 21 2024
This week the median list price for Worthington, OH 43085 is $429,000 with the market action index hovering around 56. This is less than last month's market action index of 61. Inventory has decreased to 3.
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 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 and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $429,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $261 | |
| Average Days on Market | 84 | |
| Median Days on Market | 63 | |
| Price Decreased | 67% | |
| Price Increased | 0% | |
| Relisted | 33% | |
| Inventory | 3 | |
| Median Rent | ||
| Market Action | 56 | |
| Strong Seller's Market | ||
Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.
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 |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $1,050,000 | 4,364 | 0.25 - 0.5 acre | 5 | 4.5 | 0 | 0 | 1 | 147 |
| $429,000 | 1,622 | 8,000 - 10,000 sqft | 3 | 2 | 60 | 0 | 0 | 63 |
| $414,900 | 1,586 | 0.25 - 0.5 acre | 4 | 1 | 82 | 0 | 0 | 42 |