Is Gilead Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gilead Township is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Gilead Township has remained a Seller's Market.

Key Takeaway

Gilead Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Gilead Township, OH cost?

Median Sold Price

$173,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$1,150(+0.7%)

Key Takeaway

Homes in Gilead Township have sold for 0.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $110K$151.7K
+38.0%
3 $170.7K$174.5K
+2.2%
4 $203K$305K
+50.2%
5+ $400K$199.8K
-50.0%

Median Sold Price Compared To Nearby Cities

Gilead Township
+0.7%
Mount Gilead
-3.2%

How many homes are available in Gilead Township, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
2122+4.8%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 33
0.0%
3 1214
+16.7%
4 43
-25.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
36+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gilead Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Average Sale Time

Nov 2021Nov 2022%
65 Days6 Days-89.7%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gilead Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Gilead Township, OH

Homes for sale in Gilead Township, OH have reached 22. The number of listings in Gilead Township, OH increased by 4.8% between October 2022 and November 2022. In November 2022 median list price was $173,000 and the average listing age was 6 days. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 38% more expensive, prices of 3 bedrooms properties went up by 2.2%, prices of 4 bedrooms properties went up by 50.2%, prices of 5 bedrooms properties went down by 50%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 16.7% more available, the quantity of 4 bedrooms homes went down by 25%, the quantity of 5 bedrooms homes have not changed. While more than 2 listings in Gilead Township, OH in November 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 1 were sold below.

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