$89,900
1.68 Acres
Land
#224029849, Jodie L Snider, Listing Office: Forman Realtors, Inc
Is Gilead Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Gilead Township has remained a Seller's Market.
Key Takeaway
Gilead Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gilead Township, OH
How much do homes in Gilead Township, OH cost?
Median Sold Price
$228,500
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,500(+10.4%)
Key Takeaway
Homes in Gilead Township have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Gilead Township was $228,500 in October 2024, up 10.4% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $206.2K | $162K | -21.5% |
| 3 Bedrooms | $207K | $227K | +9.7% |
| 4 Bedrooms | $210K | $253K | +20.5% |
| 5+ Bedrooms | $307.5K | $280K | -8.9% |
Summary: Gilead Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.5%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Gilead Township | $207K | $228.5K | +10.4% |
| Franklin Township | $244.6K | $259K | +5.9% |
| Mount Gilead | $290K | $297.3K | +2.5% |
Housing Supply in Gilead Township, OH
How many homes are available in Gilead Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Summary: The Gilead Township real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Gilead Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gilead Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Gilead Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 119 Days | +466.7% |
Summary: Homes in Gilead Township had an average of 119 days on market in Oct 2024, up by 466.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gilead Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 2 homes were sold in Gilead Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.