Is Guernsey County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guernsey County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Guernsey County, OH

How much do homes in Guernsey County, OH cost?

Median Sold Price

$160,375

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,375(+0.9%)

Key Takeaway

Homes in Guernsey County have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Guernsey County was $160,375 in November 2024, up 0.9% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $73.2K$52K
-29.0%
2 $105K$131K
+24.8%
3 $164K$166.9K
+1.8%
4 $185.5K$180K
-3.0%
5+ $225K$400K
+77.8%

Summary: Guernsey County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 77.8%.

Median Sold Price Compared To Nearby Counties

Harrison County
+24.0%
Coshocton County
+10.9%
Muskingum County
+7.6%
Noble County
+7.5%
Guernsey County
+0.9%

Housing Supply in Guernsey County, OH

How many homes are available in Guernsey County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
184170-7.6%

Summary: The Guernsey County real estate market had 170 homes for sale in November 2024, a 7.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 3536
+2.9%
3 9981
-18.2%
4 3537
+5.7%
5+ 1213
+8.3%

Summary: The Guernsey County 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 increased by 2.9%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3917-56.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guernsey County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Guernsey County in November 2024, down by 56.4% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.

Days on Market for Guernsey County, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days44 Days-0.5%

Summary: Homes in Guernsey County had an average of 44 days on market in Nov 2024, down by 0.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Guernsey County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 17 homes were sold in Guernsey County; 41% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 18% 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 21 Days Ago

Newest Listings in Guernsey County, OH

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