Is Granville, 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, Granville has remained a Seller's Market.
Housing Prices in Granville, OH
How much do homes in Granville, OH cost?
Median Sold Price
$455,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Granville was $455,000 in March 2024, up 1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $305K | +96.8% |
2 Bedrooms | $273.5K | $251K | -8.2% |
3 Bedrooms | $387.9K | $385K | -0.7% |
4 Bedrooms | $621K | $510K | -17.9% |
5+ Bedrooms | $805K | $587.5K | -27.0% |
Summary: Granville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.8%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
Union Township | $267.5K | $313K | +17.0% |
Newark | $195K | $222K | +13.8% |
Granville | $450.7K | $455K | +1.0% |
Granville Township | $475K | $453.3K | -4.6% |
Housing Supply in Granville, OH
How many homes are available in Granville, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 57 | -5.0% |
Summary: The Granville real estate market had 57 homes for sale in March 2024, a 5.0% decrease 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 | 2 | 3 | +50.0% |
3 Bedrooms | 25 | 21 | -16.0% |
4 Bedrooms | 22 | 22 | 0.0% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Granville 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 50%, 3 bedroom homes decreased by 16%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 10 | -33.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Granville in March 2024, down by 33.3% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Granville, OH
How long does it take to sell a home in Granville, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 47 Days | +83.1% |
Summary: Homes in Granville had an average of 47 days on market in Mar 2024, up by 83.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Granville; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.