Is Granville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Granville has remained a Buyer's Market.
Housing Prices in Granville, OH
How much do homes in Granville, OH cost?
Median Sold Price
$470,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Granville was $470,000 in April 2024, up 7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $305K | +96.8% |
2 Bedrooms | $318.5K | $251K | -21.2% |
3 Bedrooms | $363.9K | $385K | +5.8% |
4 Bedrooms | $542K | $526K | -3.0% |
5+ Bedrooms | $855K | $625K | -26.9% |
Summary: Granville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.8%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
Union Township | $274.9K | $320K | +16.4% |
Newark | $199.5K | $222.4K | +11.5% |
Granville | $439.1K | $470K | +7.0% |
Granville Township | $465K | $466.9K | 0.4% |
Housing Supply in Granville, OH
How many homes are available in Granville, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 80 | +35.6% |
Summary: The Granville real estate market had 80 homes for sale in April 2024, a 35.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 21 | 26 | +23.8% |
4 Bedrooms | 23 | 30 | +30.4% |
5+ Bedrooms | 12 | 21 | +75.0% |
Summary: The Granville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Granville in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
51 Days | 34 Days | -32.7% |
Summary: Homes in Granville had an average of 34 days on market in Apr 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Granville; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.