Is Grandview Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Grandview Heights has remained a Seller's Market.
Housing Prices in Grandview Heights, OH
How much do homes in Grandview Heights, OH cost?
Median Sold Price
$556,416
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grandview Heights was $556,416 in March 2024, up 6% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126.5K | $139.9K | +10.5% |
2 Bedrooms | $310K | $295.2K | -4.8% |
3 Bedrooms | $515K | $556.4K | +8.0% |
4 Bedrooms | $712.5K | $825K | +15.8% |
5+ Bedrooms | $844K | $917.5K | +8.7% |
Summary: Grandview Heights housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Upper Arlington | $533K | $573.3K | +7.6% |
Columbus | $259.8K | $278.8K | +7.3% |
Grandview Heights | $525K | $556.4K | +6.0% |
Housing Supply in Grandview Heights, OH
How many homes are available in Grandview Heights, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Summary: The Grandview Heights real estate market had 37 homes for sale in March 2024, a 2.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Grandview Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Grandview Heights in March 2024, up by 66.7% month-over-month. Of the 10 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Grandview Heights, OH
How long does it take to sell a home in Grandview Heights, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 52 Days | +22.0% |
Summary: Homes in Grandview Heights had an average of 52 days on market in Mar 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Grandview Heights; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.