New - 4 days on Rocket
$1,781 Closing Credit¹
#225002837, Lisa A Cowles, Listing Office: RE/MAX Town Center
Mount Gilead Housing Market Report January 2025•Morrow County, Ohio
Housing Prices in Mount Gilead, OH
How much do homes in Mount Gilead, OH cost?
Housing Market Conditions
Is Mount Gilead, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Mount Gilead is a Seller's Market
Difference Since January 2024
Since last year, Mount Gilead has remained a Seller's Market.
Insight
Mount Gilead is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$295,000$153/SqFt
-$24,998
-7.8%
Based on all homes sold in the last 12 months
Insight
Homes in Mount Gilead have sold for 7.8% less than they did a year ago.
Summary: The median home sold price in Mount Gilead was $295,000 in January 2025, down 7.8% from last year, and the median price per square foot was $153.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Gilead Township | $220K | $240K | +9.1% |
| Mount Gilead | $319.9K | $295K | -7.8% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $245K | $197K | -19.6% |
| 33 Bedrooms | $295K | $290K | -1.7% |
| 44 Bedrooms | $352K | $368.5K | +4.7% |
| 55+ Bedrooms | $455K | $480K | +5.5% |
Summary: Mount Gilead housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -19.6%. The home price for 3 bedroom homes decreased by -1.7%. The home price for 4 bedroom homes increased by +4.7%. The home price for 5 bedroom homes increased by +5.5%.
Housing supply in Mount Gilead, OH
How many homes are available in Mount Gilead, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 35Last MonthJan 2025 | ||
| 392 months agoDec 2024 | -10.3 % Change MoMDec – Jan |
Summary: The Mount Gilead real estate market had 35 homes for sale in Jan 2025, a 10.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 112 months agoDec 2024 | -45.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 8 | 7 | -12.5% |
| 33 Bedrooms | 21 | 20 | -4.8% |
| 44 Bedrooms | 7 | 7 | 0.0% |
| 55+ Bedrooms | 3 | 1 | -66.7% |
Summary: Mount Gilead housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -12.5%. The inventory for 3 bedroom homes decreased by -4.8%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -66.7%.
Asking Price vs. Sold Price
How much do homes in Mount Gilead, OH cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in Mount Gilead, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mount Gilead in January 2025, down by 45.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and and 33% were sold over asking.
Days on Market for Mount Gilead, OH
How long does it take to sell a home in Mount Gilead, OH?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Mount Gilead are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 6 homes were sold in Mount Gilead; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 78 DaysThis YearJan 2025 | ||
| 54 Days1 year agoJan 2024 | +43.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Mount Gilead had an average listing age of 78 days in Jan 2025, up by 43.3% compared to the previous year.
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Newest Listings in Mount Gilead, OH
What homes are available in Mount Gilead, OH?
New - 5 days on Rocket
$5,641 Closing Credit¹
#225002648, Erin C Kelty, Listing Office: e-Merge Real Estate Champions
#9065951, Connie Schubert, Listing Office: Century 21 Excellence Realty (Mt. Gilead)
#225001924, Anthony Glen Reed, Listing Office: LakefrontLivingRealty-LakeTeam
$2,255 Closing Credit¹
#225001765, Tyler R Griffith, Listing Office: RE/MAX Peak
$2,244 Closing Credit¹
#9065453, Melissa Ware, Listing Office: E-Merge Real Estate Champions
$6,353 Closing Credit¹
#9065897, Connie Schubert, Listing Office: Century 21 Excellence Realty (Mt. Gilead)
Backup offers
$2,488 Closing Credit¹
#225001294, Richard P Ritchey, Listing Office: Century 21 Excellence Realty
#225001005, Cheyenne A Peck, Listing Office: Howard Hanna
#9064356, Carol Lessick, Listing Office: Century 21 Excellence Realty
Backup offers
$4,036 Closing Credit¹
#9065667, Marilyn Miley, Listing Office: Craig A. Miley Realty & Auction
Backup offers
$7,707 Closing Credit¹
#9065594, Cheyenne Peck, Listing Office: Howard Hanna Wooster
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MLS Disclaimers and Copyright
Based on information from Columbus and Central Ohio Regional MLS, and Mansfield Assocation of REALTORS® MLS for the period 02/01/2023 - 02/01/2025
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: 2/3/2025, 9:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither Listing Broker(s) this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright Mansfield Association of REALTORS® 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: 2/3/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.