Is Grove City, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grove City is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Grove City has remained a Seller's Market.

Key Takeaway

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

How much do homes in Grove City, OH cost?

Median Sold Price

$309,925

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$29,925(+10.7%)

Key Takeaway

Homes in Grove City have sold for 10.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $91.7K$94K
+2.5%
2 $192.5K$220.5K
+14.5%
3 $251.1K$285K
+13.5%
4 $325K$374.9K
+15.4%
5+ $435K$530K
+21.8%

Median Sold Price Compared To Nearby Cities

Grove City
+10.7%
Jackson Township
+9.5%
Hamilton Township
+8.1%
Pleasant Township
-3.6%

How many homes are available in Grove City, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
140121-13.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 2421
-12.5%
3 6951
-26.1%
4 3341
+24.2%
5+ 148
-42.9%

Number of Homes Sold

Oct 2022Nov 2022%
5239-25.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grove City, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
9 Days21 Days+117.6%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grove City 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 Grove City, OH

Homes for sale in Grove City, OH have reached 121. The inventory of homes for sale in Grove City, OH between October 2022 and November 2022 decreased by 13.6%. Listings spent 21 days on the market in November 2022, and had a median list price of $309,925 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 2.5%, 2 bedrooms properties prices increased by 14.5%, 3 bedrooms properties became 13.5% more expensive, prices of 4 bedrooms properties went up by 15.4%, 5 bedrooms properties became 21.8% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes decreased by 12.5%, number of 3 bedrooms homes decreased by 26.1%, number of 4 bedrooms homes increased by 24.2%, 5 bedrooms homes became 42.9% less available. In November 2022, from all listings sold in Grove City, OH there were more than 11 sold above asking price, over 22 sold below and more than 6 were sold right at the asked price.

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