Is Granville 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, Granville Township has remained a Buyer's Market.
Key Takeaway
Granville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Granville Township, OH
How much do homes in Granville Township, OH cost?
Median Sold Price
$466,950
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Granville Township has remained the same since last year.
Summary: The median home sold price in Granville Township was $466,950 in April 2024, up 0.4% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $305K | +96.8% |
| 2 Bedrooms | $318.5K | $251K | -21.2% |
| 3 Bedrooms | $389.1K | $385K | -1.1% |
| 4 Bedrooms | $608K | $518K | -14.8% |
| 5+ Bedrooms | $855K | $625K | -26.9% |
Summary: Granville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 96.8%, 2 bedroom homes decreased by 21.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes decreased by 26.9%.
Median Sold Price Compared To Nearby Cities
| Union Township | $274.9K | $320K | +16.4% |
| Newark | $199.5K | $222.4K | +11.5% |
| Granville | $439.1K | $470K | +7.0% |
| Newark Township | $215K | $222.4K | +3.4% |
| Granville Township | $465K | $466.9K | 0.4% |
Housing Supply in Granville Township, OH
How many homes are available in Granville Township, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 81 | +35.0% |
Summary: The Granville Township real estate market had 81 homes for sale in April 2024, a 35.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 23 | 30 | +30.4% |
| 5+ Bedrooms | 13 | 22 | +69.2% |
Summary: The Granville 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 remained the same, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 30.4%, and 5+ bedroom homes increased by 69.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granville Township, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Granville Township in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Granville Township, OH
How long does it take to sell a home in Granville Township, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 51 Days | 34 Days | -32.7% |
Summary: Homes in Granville Township had an average of 34 days on market in Apr 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granville Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in Granville Township; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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