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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Girard is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Girard, OH

How much do homes in Girard, OH cost?

Median Sold Price

$137,250

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$13,250(+10.7%)

Key Takeaway

Homes in Girard have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Girard was $137,250 in May 2024, up 10.7% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$28.2K
N/A
2 $69.3K$109.9K
+58.4%
3 $135K$140K
+3.7%
4 $136K$164K
+20.6%
5+ $200K$105K
-47.5%

Summary: Girard housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 58.4%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes decreased by 47.5%.

Median Sold Price Compared To Nearby Cities

Mc Donald
+22.7%
Weathersfield Township
+19.5%
Girard
+10.7%
Liberty Township
+7.4%

Housing Supply in Girard, OH

How many homes are available in Girard, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5256+7.7%

Summary: The Girard real estate market had 56 homes for sale in May 2024, a 7.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 02
+100.0%
2 1211
-8.3%
3 3134
+9.7%
4 88
0.0%
5+ 11
0.0%

Summary: The Girard housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 9.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1619+18.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Girard, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Girard in May 2024, up by 18.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.

Days on Market for Girard, OH

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

Average Sale Time

May 2023May 2024CHANGE
23 Days43 Days+87.4%

Summary: Homes in Girard had an average of 43 days on market in May 2024, up by 87.4% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 19 homes were sold in Girard; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% 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 1 Day Ago

Newest Listings in Girard, OH

Nearby Markets to Girard, OH

What housing markets are near Girard, OH?