Coming soon
$7,541 Closing Credit¹
#225002613, Amy E Paul, Listing Office: e-Merge Real Estate Premium
Gahanna Housing Market Report December 2024•Franklin County, Ohio
Housing Prices in Gahanna, OH
How much do homes in Gahanna, OH cost?
Housing Market Conditions
Is Gahanna, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Gahanna is a Seller's Market
Difference Since December 2023
Since last year, Gahanna has remained a Seller's Market.
Insight
Gahanna is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$364,994$195/SqFt
+$20,861
+6.1%
Based on all homes sold in the last 12 months
Insight
Homes in Gahanna have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in Gahanna was $364,994 in December 2024, up 6.1% from last year, and the median price per square foot was $195.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Jefferson Township | $383K | $421.6K | +10.1% |
| Gahanna | $344.1K | $364.9K | +6.1% |
| Mifflin Township | $332.5K | $350K | +5.3% |
| Blacklick | $340K | $339.5K | -0.1% |
| Plain Township | $832.5K | $724.1K | -13.0% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $248.9K | $263.7K | +6.0% |
| 33 Bedrooms | $310K | $331.2K | +6.9% |
| 44 Bedrooms | $389.7K | $431K | +10.6% |
| 55+ Bedrooms | $541.4K | $510K | -5.8% |
Summary: Gahanna housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +6.0%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +10.6%. The home price for 5 bedroom homes decreased by -5.8%.
Housing supply in Gahanna, OH
How many homes are available in Gahanna, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 79Last MonthDec 2024 | ||
| 1052 months agoNov 2024 | -24.8 % Change MoMNov – Dec |
Summary: The Gahanna real estate market had 79 homes for sale in Dec 2024, a 24.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthDec 2024 | ||
| 352 months agoNov 2024 | -11.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 14 | 8 | -42.9% |
| 33 Bedrooms | 49 | 41 | -16.3% |
| 44 Bedrooms | 36 | 25 | -30.6% |
| 55+ Bedrooms | 6 | 5 | -16.7% |
Summary: Gahanna housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -42.9%. The inventory for 3 bedroom homes decreased by -16.3%. The inventory for 4 bedroom homes decreased by -30.6%. The inventory for 5 bedroom homes decreased by -16.7%.
Asking Price vs. Sold Price
How much do homes in Gahanna, OH cost?
Over Asking Price11 Homes
At Asking Price5 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Gahanna, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Gahanna in December 2024, down by 11.4% month-over-month. Of the 31 sold homes, 48% were sold under asking, 16% were sold at asking, and and 35% were sold over asking.
Days on Market for Gahanna, OH
How long does it take to sell a home in Gahanna, OH?
Breakdown of Home Sale Times
Under 30 Days20 Homes
30 – 90 Days9 Homes
Over 90 Days2 Homes
Insight
Many homes in Gahanna are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 31 homes were sold in Gahanna; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 33 DaysThis YearDec 2024 | ||
| 24 Days1 year agoDec 2023 | +37.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Gahanna had an average listing age of 33 days in Dec 2024, up by 37.8% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Gahanna, OH
What homes are available in Gahanna, OH?
New - 2 days on Rocket
$4,452 Closing Credit¹
#225002414, Kelly A Parker, Listing Office: Howard Hanna Real Estate Svcs
New - 5 days on Rocket
$3,918 Closing Credit¹
#225002246, Christopher P Hebert, Listing Office: Howard Hanna Real Estate Svcs
New - 5 days on Rocket
$4,393 Closing Credit¹
#225001991, Alexander A Hencheck, Listing Office: HMS Real Estate
$4,214 Closing Credit¹
#225001856, Alexander A Hencheck, Listing Office: HMS Real Estate
$6,709 Closing Credit¹
#225001764, Heather A Zorio, Angela Honebrink, Listing Office: RE/MAX North
$3,205 Closing Credit¹
#225001538, Lauren E Pearson, Listing Office: RE/MAX Consultant Group
$5,344 Closing Credit¹
#225001496, Kelly A Staten, Listing Office: Keller Williams Greater Cols
Backup offers
$4,393 Closing Credit¹
#225001403, Debbie Harr, Listing Office: Homes that Click Advantage LLC
$3,147 Closing Credit¹
#225001160, Natalie H Morrison, Patricia Black, Listing Office: e-Merge Real Estate
Backup offers
$5,343 Closing Credit¹
#225001090, James F Roehrenbeck, Listing Office: RE/MAX Town Center
Video tour
$4,393 Closing Credit¹
#225001052, Alexander A Hencheck, Listing Office: HMS Real Estate
Popular Cities with Homes for Sale in Ohio
- Homes for sale in Akron, OH
- Homes for sale in Beavercreek, OH
- Homes for sale in Brunswick, OH
- Homes for sale in Canton, OH
- Homes for sale in Cincinnati, OH
- Homes for sale in Cleveland, OH
- Homes for sale in Columbus, OH
- Homes for sale in Dayton, OH
- Homes for sale in Dublin, OH
- Homes for sale in Findlay, OH
- Homes for sale in Hudson, OH
- Homes for sale in Lancaster, OH
- Homes for sale in Mason, OH
- Homes for sale in Medina, OH
- Homes for sale in Mentor, OH
- Homes for sale in Newark, OH
- Homes for sale in Parma, OH
- Homes for sale in Strongsville, OH
- Homes for sale in Toledo, OH
- Homes for sale in West Chester, OH
- Homes for sale in Westerville, OH
MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, for the period 01/01/2023 - 01/01/2025
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.