Is Guernsey County, 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, Guernsey County has remained a Seller's Market.
Housing Prices in Guernsey County, OH
How much do homes in Guernsey County, OH cost?
Median Sold Price
$160,600
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Guernsey County was $160,600 in May 2024, up 1.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.2K | $52K | -13.7% |
2 Bedrooms | $108K | $117K | +8.3% |
3 Bedrooms | $159.7K | $167.2K | +4.7% |
4 Bedrooms | $186.5K | $175K | -6.2% |
5+ Bedrooms | $188.5K | $257.2K | +36.5% |
Summary: Guernsey County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Counties
Muskingum County | $179.5K | $199.8K | +11.3% |
Coshocton County | $140K | $154.3K | +10.2% |
Harrison County | $140K | $145K | +3.6% |
Guernsey County | $158.8K | $160.6K | +1.1% |
Housing Supply in Guernsey County, OH
How many homes are available in Guernsey County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
147 | 162 | +10.2% |
Summary: The Guernsey County real estate market had 162 homes for sale in May 2024, a 10.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 30 | 27 | -10.0% |
3 Bedrooms | 87 | 95 | +9.2% |
4 Bedrooms | 19 | 28 | +47.4% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Guernsey County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 33 | -8.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Guernsey County in May 2024, down by 8.3% month-over-month. Of the 33 sold homes, 61% were sold under asking, 3% were sold at asking, and 36% were sold over asking.
Days on Market for Guernsey County, OH
How long does it take to sell a home in Guernsey County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
80 Days | 59 Days | -25.9% |
Summary: Homes in Guernsey County had an average of 59 days on market in May 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 33 homes were sold in Guernsey County; 18% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.