Single-Family Homes
Thu Apr 24 2025
This week the median list price for Upper Arlington, OH 43221 is $1,185,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has increased to 6.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.
Median List Price | $1,185,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $334 | |
Average Days on Market | 33 | |
Median Days on Market | 25 | |
Price Decreased | 50% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 6 | |
Median Rent | ||
Market Action | 46 | |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$1,425,000 | 3,949 | 0.25 - 0.5 acre | 5 | 4.5 | 0 | 0 | 0 | 70 |
$1,300,000 | 3,523 | 8,000 - 10,000 sqft | 4 | 3 | 75 | 0 | 0 | 7 |
$1,185,000 | 3,765 | 0.25 - 0.5 acre | 3 | 3 | 70 | 0 | 1 | 38 |
$579,000 | 2,121 | 8,000 - 10,000 sqft | 3 | 2.5 | 75 | 0 | 2 | 21 |