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Grove City Housing Market Report December 2024•Franklin County, Ohio
Housing Prices in Grove City, OH
How much do homes in Grove City, OH cost?
Housing Market Conditions
Is Grove City, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Grove City is a Seller's Market
Difference Since December 2023
Since last year, Grove City has remained a Seller's Market.
Grove City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Grove City have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Grove City was $346,983 in December 2024, up 6.8% from last year, and the median price per square foot was $190.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Pleasant Township | $327.5K | $361.5K | +10.4% |
Hamilton Township | $217K | $232.9K | +7.3% |
Grove City | $325K | $346.9K | +6.8% |
Jackson Township | $349.6K | $361.4K | +3.4% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | $225K | N/A |
22 Bedrooms | $246K | $265K | +7.7% |
33 Bedrooms | $300K | $320.7K | +6.9% |
44 Bedrooms | $387.5K | $390K | +0.6% |
55+ Bedrooms | $520K | $465.6K | -10.4% |
Summary: Grove City 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 +7.7%. The home price for 3 bedroom homes increased by +6.9%. The home price for 4 bedroom homes increased by +0.6%. The home price for 5 bedroom homes decreased by -10.4%.
Housing supply in Grove City, OH
How many homes are available in Grove City, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
225Last MonthDec 2024 | ||
2492 months agoNov 2024 | -9.6 % Change MoMNov – Dec |
Summary: The Grove City real estate market had 225 homes for sale in Dec 2024, a 9.6 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
85Last MonthDec 2024 | ||
682 months agoNov 2024 | +25.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 35 | 33 | -5.7% |
33 Bedrooms | 138 | 115 | -16.7% |
44 Bedrooms | 66 | 66 | 0.0% |
55+ Bedrooms | 10 | 11 | +10.0% |
Summary: Grove City 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 -5.7%. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +10.0%.
Asking Price vs. Sold Price
How much do homes in Grove City, OH cost?
Over Asking Price8 Homes
At Asking Price30 Homes
Under Asking Price47 Homes
If you're buying a home in Grove City, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 85 homes were sold or pending in Grove City in December 2024, up by 25.0% month-over-month. Of the 85 sold homes, 55% were sold under asking, 35% were sold at asking, and and 9% were sold over asking.
Days on Market for Grove City, OH
How long does it take to sell a home in Grove City, OH?
Breakdown of Home Sale Times
Under 30 Days47 Homes
30 – 90 Days26 Homes
Over 90 Days11 Homes
Many homes in Grove City are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 85 homes were sold in Grove City; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
45 DaysThis YearDec 2024 | ||
24 Days1 year agoDec 2023 | +87.8 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Grove City had an average listing age of 45 days in Dec 2024, up by 87.8% compared to the previous year.
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Newest Listings in Grove City, OH
What homes are available in Grove City, OH?
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, for the period 01/01/2023 - 01/01/2025
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: 1/17/2025, 10:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.