Is the Powell, Ohio housing market shifting in March 2026?

Yes. Powell is operating in two distinct segments. Single-family homes are near balanced at roughly 5.4 months of supply, while condos are buyer-leaning at roughly 11.2 months of supply. Combined, Powell is running about 6.3 months of supply.

What is the current months of supply for single-family homes in Powell?

Based on year-to-date sales pace through March 2, 2026, Powell single-family homes are running at approximately 5.4 months of supply, which is near balanced market conditions.

What is the current months of supply for condos in Powell?

Based on year-to-date sales pace through March 2, 2026, Powell condos are running at approximately 11.2 months of supply, indicating buyer-leaning conditions.

What does absorption rate mean in real estate?

Absorption rate is the rate at which homes sell relative to the number of active listings. Higher absorption typically favors sellers; lower absorption indicates slower demand and more buyer leverage.

Are Powell homes still selling over asking in 2026?

Over-asking outcomes have normalized. Year-to-date through March 2, 2026, list-to-sale ratios are around 99% for single-family homes and about 97% for condos, indicating more negotiation than last year.

Where can I search active homes for sale in Powell, Ohio?

Search active Powell listings here: https://findhomesinohio.com/neighborhood/156068550/powell

Powell OH Real Estate Market Update 2026: Single Family vs Condo Breakdown

by Andrew Robinson

Powell, Ohio real estate market March 2026 Months of supply Absorption rate Single-family homes Condominiums

Powell Ohio Real Estate Market 2026: Single Family vs Condo Breakdown.

Reporting Period: January 1 – March 2, 2026
Comparison: Same Period 2025
Source: MLS Year-Over-Year Data

Powell, Ohio’s real estate market in March 2026 is operating in two distinct segments: single-family homes and condominiums, each with different supply and demand dynamics. Year-to-date data through March 2, 2026 shows single-family homes at approximately 5.4 months of supply, indicating near-balanced conditions. In contrast, Powell condominiums are at approximately 11.2 months of supply, reflecting buyer-leaning conditions with slower absorption.

Combined, the Powell housing market is running at roughly 6.3 months of total supply, slightly favoring buyers compared to early 2025. Inventory has increased year-over-year, while list-to-sale ratios have normalized to 97–99%, signaling reduced bidding pressure and more negotiation flexibility.

For buyers and sellers in Powell, understanding absorption rate and property-type trends is critical in 2026. Strategy now depends on whether you are selling a single-family home or a condo.

Executive Summary: Powell Is Not One Market — It’s Two

When you separate the data correctly, Powell reveals two very different market dynamics in early 2026.

Single Family Homes: Near balanced conditions with steady buyer demand
Condominiums: Inventory-heavy and buyer-leaning

1️⃣ Powell Single Family Homes – Near Balance with Selective Demand

YTD 2026 vs 2025

Active Listings: 157 vs 116 (+35%)
New Listings: 61 vs 68 (-10%)
Under Contract: 56 vs 66 (-15%)
Homes Sold: 58 vs 51 (+13%)
Sold Volume: $36.49M vs $33.77M (+8%)
Average Sale Price: $629,098 vs $662,179 (-4%)
List-to-Sale Ratio: 99%

Absorption & Supply

Monthly Sales Pace: 58 ÷ ~2 months ≈ 29 homes/month

Months of Supply: 157 ÷ 29 ≈ 5.4 months

Absorption Rate: 29 ÷ 157 ≈ 18.4% per month

Single-family homes in Powell are operating close to a balanced market. Well-priced homes are selling, but buyers are more disciplined on price and terms than they were in early 2025.

2️⃣ Powell Condominiums – Buyer-Leaning Conditions Emerging

YTD 2026 vs 2025

Active Listings: 56 vs 39 (+43%)
New Listings: 22 vs 20 (+10%)
Under Contract: 9 vs 17 (-47%)
Homes Sold: 10 vs 15 (-33%)
Sold Volume: $4.79M vs $7.65M (-37%)
Average Sale Price: $478,732 vs $510,298 (-6%)
List-to-Sale Ratio: 97% (down from 112%)

Absorption & Supply

Monthly Sales Pace: 10 ÷ ~2 months ≈ 5 homes/month

Months of Supply: 56 ÷ 5 ≈ 11.2 months

Absorption Rate: 5 ÷ 56 ≈ 8.9% per month

Condos are clearly softer than detached homes. Inventory is up, pendings are down sharply, and the pricing environment has normalized significantly compared to last year’s over-asking conditions.

3️⃣ Combined Powell Market (Single Family + Condo)

Combined Totals

Total Active: 213 (157 SFR + 56 Condo) — (+37% YoY)
Total Sold: 68 (58 SFR + 10 Condo) — (+3% YoY)
Total Volume: ~$41.27M (approximately flat YoY)
Weighted Avg Sale Price: ~$606,985 (down ~3.3% YoY)

Combined Absorption

Monthly Sales Pace: 68 ÷ ~2 months ≈ 34 homes/month

Months of Supply: 213 ÷ 34 ≈ 6.3 months

Looking for Active Powell Homes?

Search Active Powell Homes Here →

This page updates in real time and shows every active single-family and condo listing in Powell.

Final Market Takeaway

Powell in early 2026 is recalibrating. Single-family homes are near balanced, condos are buyer-favored, and the combined market is slightly buyer-leaning at roughly 6.3 months of supply. In this environment, pricing precision and property-type strategy matter more than momentum.

Andrew Robinson
Luxury Real Estate Advisor
Powell | Dublin | Delaware County