Is Gilead Township, 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, Gilead Township has remained a Seller's Market.
Housing Prices in Gilead Township, OH
How much do homes in Gilead Township, OH cost?
Median Sold Price
$210,000
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gilead Township was $210,000 in April 2024, up 22.8% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $148.5K | $181K | +21.9% |
3 Bedrooms | $177.2K | $206K | +16.3% |
4 Bedrooms | $173K | $330K | +90.8% |
5+ Bedrooms | $427.5K | $170K | -60.2% |
Summary: Gilead Township 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 21.9%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 90.8%, and 5+ bedroom homes decreased by 60.2%.
Median Sold Price Compared To Nearby Cities
Mount Gilead | $222.4K | $295K | +32.6% |
Gilead Township | $171K | $210K | +22.8% |
Franklin Township | $218K | $266K | +22.0% |
Edison | $200K | $207K | +3.5% |
Housing Supply in Gilead Township, OH
How many homes are available in Gilead Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 26 | +13.0% |
Summary: The Gilead Township real estate market had 26 homes for sale in April 2024, a 13.0% 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 | 4 | 6 | +50.0% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gilead Township 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 increased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Gilead Township in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Gilead Township, OH
How long does it take to sell a home in Gilead Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 19 Days | -64.0% |
Summary: Homes in Gilead Township had an average of 19 days on market in Apr 2024, down by 64% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Gilead Township; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.