Is Guernsey County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Guernsey County was a Seller's Market.
Key Takeaway
Guernsey County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Guernsey County, OH
How much do homes in Guernsey County, OH cost?
Median Sold Price
$160,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Guernsey County have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in Guernsey County was $160,000 in March 2024, up 0.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $76.5K | $52K | -32.1% |
| 2 Bedrooms | $120K | $108.1K | -9.9% |
| 3 Bedrooms | $158.7K | $165K | +3.9% |
| 4 Bedrooms | $185.5K | $182.5K | -1.6% |
| 5+ Bedrooms | $162K | $270K | +66.7% |
Summary: Guernsey County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.1%, 2 bedroom homes decreased by 9.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 66.7%.
Median Sold Price Compared To Nearby Counties
| Muskingum County | $176.1K | $194.4K | +10.4% |
| Coshocton County | $143K | $154.6K | +8.2% |
| Guernsey County | $158.8K | $160K | +0.7% |
| Harrison County | $139.2K | $137.4K | -1.3% |
| Noble County | $159K | $143.9K | -9.5% |
Housing Supply in Guernsey County, OH
How many homes are available in Guernsey County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 137 | 162 | +18.2% |
Summary: The Guernsey County real estate market had 162 homes for sale in March 2024, a 18.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 21 | 29 | +38.1% |
| 3 Bedrooms | 82 | 96 | +17.1% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Guernsey County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 38.1%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 25 | +47.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guernsey County, you may be able to get a good deal. 68% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Guernsey County in March 2024, up by 47.1% month-over-month. Of the 25 sold homes, 68% were sold under asking, 4% were sold at asking, and 28% were sold over asking.
Days on Market for Guernsey County, OH
How long does it take to sell a home in Guernsey County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 79 Days | 59 Days | -25.4% |
Summary: Homes in Guernsey County had an average of 59 days on market in Mar 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Guernsey County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 25 homes were sold in Guernsey County; 40% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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.
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.