Is Grandview Heights, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Grandview Heights has remained a Seller's Market.
Housing Prices in Grandview Heights, OH
How much do homes in Grandview Heights, OH cost?
Median Sold Price
$575,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Grandview Heights was $575,000 in May 2024, up 12.7% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133.1K | $141.4K | +6.3% |
2 Bedrooms | $288.7K | $290K | 0.4% |
3 Bedrooms | $525K | $555.3K | +5.8% |
4 Bedrooms | $760K | $845K | +11.2% |
5+ Bedrooms | $775K | $917.5K | +18.4% |
Summary: Grandview Heights housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 0.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 18.4%.
Median Sold Price Compared To Nearby Cities
Grandview Heights | $510K | $575K | +12.7% |
Columbus | $262.2K | $279.7K | +6.7% |
Upper Arlington | $547K | $564.3K | +3.2% |
Housing Supply in Grandview Heights, OH
How many homes are available in Grandview Heights, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Summary: The Grandview Heights real estate market had 37 homes for sale in May 2024, a 19.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 9 | 16 | +77.8% |
4 Bedrooms | 9 | 9 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grandview Heights housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 77.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Grandview Heights in May 2024, up by 20.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 58% were sold at asking, and 17% were sold over asking.
Days on Market for Grandview Heights, OH
How long does it take to sell a home in Grandview Heights, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 111 Days | +1847.4% |
Summary: Homes in Grandview Heights had an average of 111 days on market in May 2024, up by 1847.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Grandview Heights; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.