Is Groveport, 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, 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.
Housing Prices in Groveport, OH
How much do homes in Groveport, OH cost?
Median Sold Price
$299,950
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Groveport have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Groveport was $299,950 in April 2024, up 7.7% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | - | N/A |
| 2 Bedrooms | $215K | $205K | -4.7% |
| 3 Bedrooms | $270K | $285K | +5.6% |
| 4 Bedrooms | $335K | $350K | +4.5% |
| 5+ Bedrooms | $310K | $385K | +24.2% |
Summary: Groveport 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 decreased by 4.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
| Obetz | $275K | $296.7K | +7.9% |
| Groveport | $278.5K | $299.9K | +7.7% |
| Canal Winchester | $301.9K | $324.9K | +7.6% |
| Hamilton Township | $215.5K | $225K | +4.4% |
| Madison Township | $245K | $250.3K | +2.2% |
Housing Supply in Groveport, OH
How many homes are available in Groveport, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 50 | 50 | 0.0% |
Summary: The Groveport real estate market had 50 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 24 | 25 | +4.2% |
| 4 Bedrooms | 19 | 18 | -5.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Groveport 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 4.2%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 11 | -15.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Groveport, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Groveport in April 2024, down by 15.4% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Groveport, OH
How long does it take to sell a home in Groveport, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 32 Days | +172.5% |
Summary: Homes in Groveport had an average of 32 days on market in Apr 2024, up by 172.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Groveport are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 11 homes were sold in Groveport; 82% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 18% 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.