Harpster & Barker Group
Gahanna, OH 43230
Single-Family Homes
Broker, MBA, BSBA Real Estate and Urban Analysis
Gahanna, OH 43230
Tue Jul 01 2025
This week the median list price for Gahanna, OH 43230 is $407,500 with the market action index hovering around 71. This is an increase over last month's market action index of 65. Inventory has held steady at or around 8.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.
Real-Time Market Profile
| Median List Price | $407,500 | |
| Median Price of New Listings | $430,000 | |
| Per Square Foot | $227 | |
| Average Days on Market | 24 | |
| Median Days on Market | 25 | |
| Price Decreased | 25% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 8 | |
| Median Rent | ||
| Market Action | 71 | |
| Strong Seller's Market | ||
Prices in this zip code been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. Watch the Market Action Index for any signs of demand increasing.
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 |
|---|---|---|---|---|---|---|---|---|
| $571,900 | 2,576 | 0.5 - 1 acre | 3 | 2.3 | 56 | 1 | 1 | 21 |
| $427,500 | 2,034 | 0.25 - 0.5 acre | 3 | 3.5 | 44 | 1 | 0 | 21 |
| $387,450 | 1,671 | 8,000 - 10,000 sqft | 3 | 2.8 | 32 | 1 | 1 | 10 |
| $347,450 | 1,749 | 0.5 - 1 acre | 3 | 1.8 | 56 | 0 | 0 | 42 |