December 2023 Market Update

Wrapping up the year with the last market update.

Homes in central Ohio are selling briskly, lasting an average of just 22 days, similar to last year when homes were on the market for an average of 21 days.

The median sales price in the region sits at $305,000, which is 7% higher than October 2022, when homes were selling for a median price of $284,945.

Year to date, there have been 23,568 sales in the central Ohio regional MLS for a total sales volume of $8.2 billion.

In the local market spotlight, 63 sales in the Worthington City School District resulted in a 57.5% increase year over year. The median sale price in Worthington was $367,000 in October.

Hilliard City School District saw a 19 percent increase year over year thanks to 125 sales this month. Their median sale price rose 15.6 percent to $382,000.

2023 is coming to a close and if you have any questions about the market or making real estate plans for 2024, please feel free to message me anytime!

-Laura