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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granville is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Granville was a Seller's Market.

Key Takeaway

Granville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Granville, OH

How much do homes in Granville, OH cost?

Median Sold Price

$473,500

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,550(+5.5%)

Key Takeaway

Homes in Granville have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Granville was $473,500 in October 2024, up 5.5% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K-
N/A
2 $251K$452.5K
+80.3%
3 $385K$385K
0.0%
4 $504K$550K
+9.1%
5+ $775K$755K
-2.6%

Summary: Granville 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 80.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 2.6%.

Median Sold Price Compared To Nearby Cities

Granville
+5.5%
Newark
+3.6%

Housing Supply in Granville, OH

How many homes are available in Granville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1613-18.8%

Summary: The Granville real estate market had 13 homes for sale in October 2024, a 18.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 78
+14.3%
4 52
-60.0%
5+ 11
0.0%

Summary: The Granville 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 decreased by 33.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Granville in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Granville, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
50 Days159 Days+218.0%

Summary: Homes in Granville had an average of 159 days on market in Oct 2024, up by 218% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Granville are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Granville; 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.

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

Report Updated 22 Days Ago

Newest Listings in Granville, OH

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