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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Guernsey County, OH

How much do homes in Guernsey County, OH cost?

Median Sold Price

$163,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,687(+3.0%)

Key Takeaway

Homes in Guernsey County have sold for 3% more than they did a year ago.

Summary: The median home sold price in Guernsey County was $163,000 in October 2024, up 3% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96.7K$48K
-50.4%
2 $108K$130K
+20.4%
3 $159.9K$169.9K
+6.3%
4 $181.2K$185K
+2.1%
5+ $223.3K$390K
+74.6%

Summary: Guernsey County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.4%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 74.6%.

Median Sold Price Compared To Nearby Counties

Harrison County
+28.8%
Noble County
+13.8%
Coshocton County
+10.3%
Muskingum County
+7.3%
Guernsey County
+3.0%

Housing Supply in Guernsey County, OH

How many homes are available in Guernsey County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
182188+3.3%

Summary: The Guernsey County real estate market had 188 homes for sale in October 2024, a 3.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 3334
+3.0%
3 97103
+6.2%
4 3636
0.0%
5+ 1412
-14.3%

Summary: The Guernsey County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2536+44.0%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

8 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. 69.4% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Guernsey County in October 2024, up by 44.0% month-over-month. Of the 36 sold homes, 69% were sold under asking, 8% were sold at asking, and 22% 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

Oct 2023Oct 2024CHANGE
61 Days90 Days+47.3%

Summary: Homes in Guernsey County had an average of 90 days on market in Oct 2024, up by 47.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Guernsey County has remained consistent over time.

Summary: During October 2024, 36 homes were sold in Guernsey County; 6% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 47% 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 20 Days Ago

Newest Listings in Guernsey County, OH

Nearby Markets to Guernsey County, OH

What housing markets are near Guernsey County, OH?