Is Gahanna, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Gahanna has remained a Seller's Market.
Key Takeaway
Gahanna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Gahanna, OH cost?
Median Sold Price
$345,355
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
+$48,084(+16.2%)
Key Takeaway
Homes in Gahanna have sold for 16.2% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jan 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | $140K | - | N/A |
| 2 Bedrooms | $218.2K | $228.5K | +4.7% |
| 3 Bedrooms | $267.2K | $315K | +17.9% |
| 4 Bedrooms | $355K | $400K | +12.7% |
| 5+ Bedrooms | $451.5K | $474K | +5.0% |
Median Sold Price Compared To Nearby Cities
| Mifflin Township | $287.5K | $339.9K | +18.2% |
| Gahanna | $297.2K | $345.3K | +16.2% |
| Plain Township | $615K | $703.3K | +14.4% |
| Blacklick | $300K | $328K | +9.3% |
| Jefferson Township | $364K | $386K | +6.0% |
How many homes are available in Gahanna, OH?
Number of Homes For Sale
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 63 | 59 | -6.3% |
Homes For Sale By Bedroom Count
| # BEDS | Dec 2022 | Jan 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 27 | 32 | +18.5% |
| 4 Bedrooms | 26 | 20 | -23.1% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Number of Homes Sold
| Dec 2022 | Jan 2023 | % |
|---|---|---|
| 24 | 21 | -12.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gahanna, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Average Sale Time
| Jan 2022 | Jan 2023 | % |
|---|---|---|
| 8 Days | 21 Days | +161.6% |
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Gahanna are selling fast, if you're buying plan to act quickly.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.