Harpster & Barker Group

Grove City, OH

Single-Family Homes

Broker, MBA, BSBA Real Estate and Urban Analysis



Grove City, OH

Fri Mar 24 2023
This week the median list price for Grove City, OH is $449,550 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has decreased to 53. Click here to stay informed with the Grove City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Grove City, OH

Fri Mar 24 2023
This week the median list price for Grove City, OH is $449,550 with the market action index hovering around 46. This is about the same as last month's market action index of 46. Inventory has decreased to 53. Click here to stay informed with the Grove City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Grove City market.
Median List Price $449,550
Median Price of New Listings $309,900
Per Square Foot $211
Average Days on Market 133
Median Days on Market 98
Price Decreased 47%
Price Increased 9%
Relisted 2%
Inventory 53
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$610,405 2,729 8,000 - 10,000 sqft 4 2.5 1 0 1 98
$469,900 2,382 8,000 - 10,000 sqft 4 2.5 1 0 1 161
$421,940 1,958 8,000 - 10,000 sqft 3 2.5 1 1 1 175
$353,250 1,524 6,500 - 8,000 sqft 3 2 6 2 0 31