Is Gratis Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gratis Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Gratis Township, OH

How much do homes in Gratis Township, OH cost?

Median Sold Price

$235,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+6.8%)

Key Takeaway

Homes in Gratis Township have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in Gratis Township was $235,000 in November 2024, up 6.8% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 $209K$226.7K
+8.5%
4 $245K$247K
+0.8%
5+ $140.5K$351K
+149.8%

Summary: Gratis Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 149.8%.

Median Sold Price Compared To Nearby Cities

Gratis Township
+6.8%
German Township
+4.4%

Housing Supply in Gratis Township, OH

How many homes are available in Gratis Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Gratis Township real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Gratis Township housing inventory by bedroom type for November 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 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 Gratis Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Gratis Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Gratis Township, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Gratis Township, OH

Nearby Markets to Gratis Township, OH

What housing markets are near Gratis Township, OH?