Is Gnadenhutten, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gnadenhutten is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Gnadenhutten has remained a Seller's Market.

Key Takeaway

Gnadenhutten is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Gnadenhutten, OH

How much do homes in Gnadenhutten, OH cost?

Median Sold Price

$166,750

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$37,750(-18.5%)

Key Takeaway

Homes in Gnadenhutten have sold for 18.5% less than they did a year ago.

Summary: The median home sold price in Gnadenhutten was $166,750 in October 2024, down 18.5% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $80K$157.5K
+96.9%
3 $149.9K$160K
+6.7%
4 $236.2K$231.7K
-1.9%
5+ $250K$402K
+60.8%

Summary: Gnadenhutten 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 increased by 96.9%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 60.8%.

Median Sold Price Compared To Nearby Cities

Gnadenhutten
-18.5%
Clay Township
-21.6%

Housing Supply in Gnadenhutten, OH

How many homes are available in Gnadenhutten, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Gnadenhutten real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 13
+200.0%
4 11
0.0%
5+ 10
-100.0%

Summary: The Gnadenhutten 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 increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gnadenhutten, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Gnadenhutten in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gnadenhutten, OH

How long does it take to sell a home in Gnadenhutten, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
2 Days36 Days+1700.0%

Summary: Homes in Gnadenhutten had an average of 36 days on market in Oct 2024, up by 1700% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Gnadenhutten has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Gnadenhutten; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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