Prices for homes in Canal Winchester are rising while, at the same time, the number of homes for sale has dropped over the past month.
Home Prices
The median list price in April for single family homes in Canal Winchester is $154,900. The list prices increased by 6.82% from the previous month.
The price per square foot for 
listings in this area is $88.
The median sale price in January for single family homes is $140,350. The sale prices increased by 19.85% from the previous month.
The price per square foot for sales in this area is $55.
Inventory of Homes 
The number of active listings in Canal Winchester dropped by 8.8% from the previous month.
The median number of days active properties have been listed is 68. This is significantly shorter than the national average.
The number of sales in January dropped by 30.8% from the previous month.
Home Ownership
This chart shows home occupancy within an area.
A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.
High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.
Now is a great time to buy OR sell, as the market is favorable for both. If you'd like to know what homes are selling for in your neighborhood in Canal Winchester, please send me an email at mtbhunter@aol.com, or txt me at 614-805-7793.
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