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Featured local agent — Canal Winchester, OH
Sarah Mitchell
Compass Real Estate · Canal Winchester, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Canal Winchester, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$360,000median sale price
How is the Canal Winchester, OH housing market right now?
The median home sale price in Canal Winchester, OH is $360,000, down 4.0% year-over-year. Homes sell in an average of 37 days with 39 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Canal Winchester a buyer's or seller's market?
Canal Winchester, OH is currently a seller's market, based on 2.3 months of supply and homes selling in about 37 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
37
Average pace
Active listings
39
2.3 months supply
Sale-to-list
100.2%
Above asking
What does the Canal Winchester housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $360,000 |
| Median list price | $384,000 |
| Year-over-year price change | -4.0% |
| Average days on market | 37 days |
| Active inventory | 39 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 100.2% |
| Median price per sq ft | $193/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 27 |
| Listings with a price cut | 7.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Canal Winchester by property type?
How the Canal Winchester, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $392,500 | $190/sq ft | 14 | 37 days |
| Condo / Co-op | $274,000 | $197/sq ft | 3 | 32 days |
Source: Redfin · Updated monthly
The Canal Winchester housing market is currently classified as a seller's market with a median sale price of $360,000. Prices have fallen 4.0% compared to last year, with homes spending an average of 37 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Canal Winchester
There are currently 39 homes listed for sale in Canal Winchester, Ohio. The median listing price is $384K.
Active listings
39
Homes on market
Median list price
$384K
Avg. days on market
37
Days until sale
New this week
27
Newly listed
Who lives in Canal Winchester?
Population
9,659
Median income
$112,474/yr
Median age
44.1 years
Owner-occupied
82.2%
College grads
44.8%
Avg commute
25.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Canal Winchester?
Zillow home value
$422,163
Zillow rent index
$1,965/mo
Price-to-rent ratio
17.9x
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Canal Winchester?
Canal Winchester is a community of approximately 10K residents with a median age of 44.1 years.The median household income is $112,474, which reflects a relatively affluent area with strong earning potential. 44.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Canal Winchester offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Canal Winchester?
4 schools tracked · 3,759 students
The largest public schools serving Canal Winchester, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Canal Winchester High School
Grades 9-12 · 1,136 students
Winchester Trail Elementary
Grades 3-5 · 967 students
Canal Winchester Middle School
Grades 6-8 · 904 students
Indian Trail Elementary School
Grades K-2 · 752 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Canal Winchester, OH?
Want a head-to-head view? Compare Canal Winchester side-by-side with any other U.S. city using our market-comparison tool.
Is Canal Winchester a good real estate investment market?
For investors evaluating Canal Winchester, the price-to-rent ratio of 17.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Canal Winchester's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Canal Winchester's median home price.
Frequently asked questions
What is the average home price in Canal Winchester?
The median home sale price in Canal Winchester is $360,000, down 4.0% from last year.
How long do homes stay on market in Canal Winchester?
Homes typically spend 37 days on market before going under contract.
What is the median income in Canal Winchester?
The median household income is $112,474 per year.
Is Canal Winchester a buyer's or seller's market?
With 2.3 months of supply, Canal Winchester is currently a seller's market.
What is the Zillow home value estimate for Canal Winchester?
The Zillow Home Value Index (ZHVI) for Canal Winchester is $422,163, representing the typical home value in the area.
What is the median condo price in Canal Winchester?
The median condo/co-op sale price in Canal Winchester, OH is $274,000, compared to $392,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Canal Winchester?
The median single-family home price in Canal Winchester, OH is $392,500 (about $190 per square foot).
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