Is Grove City, 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, 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.
Housing Prices in Grove City, OH
How much do homes in Grove City, OH cost?
Median Sold Price
$325,200
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grove City have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Grove City was $325,200 in April 2024, up 4.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $225K | N/A |
| 2 Bedrooms | $236K | $255K | +8.1% |
| 3 Bedrooms | $285K | $308K | +8.1% |
| 4 Bedrooms | $380K | $390K | +2.6% |
| 5+ Bedrooms | $497.9K | $521K | +4.6% |
Summary: Grove City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Cities
| Jackson Township | $319.9K | $350K | +9.4% |
| Pleasant Township | $310K | $335K | +8.1% |
| Grove City | $310.4K | $325.2K | +4.7% |
| Hamilton Township | $215.5K | $225K | +4.4% |
Housing Supply in Grove City, OH
How many homes are available in Grove City, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 268 | 309 | +15.3% |
Summary: The Grove City real estate market had 309 homes for sale in April 2024, a 15.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 34 | 39 | +14.7% |
| 3 Bedrooms | 152 | 163 | +7.2% |
| 4 Bedrooms | 71 | 93 | +31.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Grove City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 58 | 68 | +17.2% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grove City, you may be able to get a good deal. 45.6% of homes here sold below asking price last month.
Summary: A total of 68 homes were sold or pending in Grove City in April 2024, up by 17.2% month-over-month. Of the 68 sold homes, 46% were sold under asking, 18% were sold at asking, and 37% were sold over asking.
Days on Market for Grove City, OH
How long does it take to sell a home in Grove City, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 35 Days | +25.0% |
Summary: Homes in Grove City had an average of 35 days on market in Apr 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grove City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 68 homes were sold in Grove City; 71% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved