Is Mount Sterling, OH 43143 a buyer’s or seller’s market?
Mount Sterling is a seller’s market. With about 3.7 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Mount Sterling housing market right now
In the three months ending August 31, 2026, 29% of homes in Mount Sterling, OH 43143 sold above their list price, the typical home went under contract in 45 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (29% then), homes sold more slowly (38 days then) and the median sale price rose 55% to $357,345. Overall, Mount Sterling is about as competitive as it was a year ago.
Within Madison County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at South Solon 43153 (0% sold over asking) or Plain City 43064 (14% sold over asking), while West Jefferson 43162 (44% sold over asking) is even more competitive.
Run the numbers for 43143
Nearby markets
Irwin 43029 — /sq ftLondon 43140Seller’s market $185 /sq ftPlain City 43064Seller’s market $230 /sq ftSouth Solon 43153Seller’s market $115 /sq ft Browse all markets →Towns like Mount Sterling nearby
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Questions about Mount Sterling real estate
Is Mount Sterling a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Mount Sterling, OH 43143 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mount Sterling?
The typical home went under contract in 45 days in the latest three months.
Do homes in Mount Sterling sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Mount Sterling?
About 1.02% of a home’s value a year in Madison County, or roughly $4,080 on a $400,000 home.
What is the median home price in Mount Sterling?
The median sale price was $357,345 in the three months ending August 31, 2026, about $179 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology