Is Groveport, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Groveport is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Groveport, OH cost?

Median Sold Price

$270,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$55,000(+25.6%)

Key Takeaway

Homes in Groveport have sold for 25.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $192.3K$211K
+9.7%
3 $206K$272K
+32.0%
4 $281.5K$302.5K
+7.5%
5+ $321K$240.7K
-25.0%

Median Sold Price Compared To Nearby Cities

Groveport
+25.6%
Madison Township
+19.1%
Canal Winchester
+14.8%
Hamilton Township
+8.1%
Obetz
+8.0%

How many homes are available in Groveport, OH?

Number of Homes For Sale

Oct 2022Nov 2022%
2023+15.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 44
0.0%
3 108
-20.0%
4 610
+66.7%
5+ 01
+100.0%

Number of Homes Sold

Oct 2022Nov 2022%
68+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Groveport, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
12 Days22 Days+84.7%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Groveport 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 Groveport, OH

There are 23 homes are for sale in Groveport, OH real estate market. The number of homes for sale in Groveport, OH increased by 15% between October 2022 and November 2022. In November 2022 median list price was $270,000 and the average listing age was 22 days. Listing prices have changed in this real estate market between October 2022 and November 2022: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties increased by 9.7%, the cost of 3 bedrooms properties went up by 32%, prices of 4 bedrooms properties increased by 7.5%, 5 bedrooms properties prices decreased by 25%. 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, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 20%, number of 4 bedrooms homes increased by 66.7%, the quantity of 5 bedrooms homes went up by 100%. Groveport, OH housing market in November 2022 saw over 7 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.

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