Grove City, OH Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is Ohio real estate expensive? ›

$233,368. The average Ohio home value is $233,368, up 7.3% over the past year and goes to pending in around 5 days.

The Village of Indian Hill takes the crown as one of the most expensive places to live in Ohio, as well as the richest city, with a staggering median income of $218,073 and home prices ranging from $600,000 to $4 million. Indian Hill represents the epitome of luxury living, boasting a status that is hard to match.

What is the housing market like right now? In May 2024, home prices in Ohio were up 7.5% compared to last year, selling for a median price. On average, the number of homes sold was up 4.5% year over year and there were 12,503 homes sold in May this year, up 11,962 homes sold in May last year.

Late summer and early fall may give you the best of both worlds with a combination of good selection with less competition and slightly lower prices.

Buying a home in Ohio is an excellent investment decision. Our state offers homeowners many benefits, from low living costs to excellent public schools. Plus, Ohio is consistently ranked one of the best places in the country for first-time home buyers, millennials, and to start a business.

Ohio's living cost is 11% lower than the national average. As of March 2023, the average home value in Ohio is estimated to be around $205,800. The average monthly utilities cost in Ohio is around $472. Ohio's state income tax operates on a progressive system, ranging between 0% and 3.990%.

The cost of living in Ohio is 11% lower than the national average. Nevertheless, it is still home to some of the most expensive cities in America.