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Featured local agent — Gahanna, OH
Sarah Mitchell
Compass Real Estate · Gahanna, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Gahanna, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$394,000median sale price
How is the Gahanna, OH housing market right now?
The median home sale price in Gahanna, OH is $394,000, down 3.3% year-over-year. Homes sell in an average of 36 days with 78 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Gahanna a buyer's or seller's market?
Gahanna, OH is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 36 days. How we determine this →
Homes sold
44
Last 12 weeks
Days on market
36
Average pace
Active listings
78
1.8 months supply
Sale-to-list
101.6%
Above asking
What does the Gahanna housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $394,000 |
| Median list price | $405,000 |
| Year-over-year price change | -3.3% |
| Average days on market | 36 days |
| Active inventory | 78 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.6% |
| Median price per sq ft | $220/sq ft |
| Homes sold (latest month) | 44 |
| New listings (latest month) | 57 |
| Listings with a price cut | 11.5% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Gahanna by property type?
How the Gahanna, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $403,000 | $220/sq ft | 41 | 36 days |
| Condo / Co-op | $292,500 | $176/sq ft | 3 | 54 days |
Source: Redfin · Updated monthly
The Gahanna housing market is currently classified as a strong seller's market with a median sale price of $394,000. Prices have fallen 3.3% compared to last year, with homes spending an average of 36 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Gahanna
There are currently 78 homes listed for sale in Gahanna, Ohio. The median listing price is $405K.
Active listings
78
Homes on market
Median list price
$405K
Avg. days on market
36
Days until sale
New this week
57
Newly listed
Who lives in Gahanna?
Population
35,438
Median income
$106,004/yr
Median age
38.8 years
Owner-occupied
69.5%
College grads
53.0%
Avg commute
20.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Gahanna?
Zillow home value
$386,534
Zillow rent index
$1,621/mo
Price-to-rent ratio
19.9x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Gahanna?
Gahanna is a community of approximately 35K residents with a median age of 38.8 years.The median household income is $106,004, which reflects a relatively affluent area with strong earning potential. 53.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Gahanna offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Gahanna?
11 schools tracked · 7,449 students
The largest public schools serving Gahanna, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lincoln High School
Grades 9-12 · 2,443 students
Lincoln Elementary School
Grades K-5 · 724 students
Gahanna East Middle School
Grades 6-8 · 636 students
Gahanna South Middle School
Grades 6-8 · 630 students
Gahanna West Middle School
Grades 6-8 · 590 students
High Point Elementary School
Grades K-5 · 549 students
Jefferson Elementary School
Grades K-5 · 472 students
Royal Manor Elementary School
Grades K-5 · 424 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Gahanna, OH?
Want a head-to-head view? Compare Gahanna side-by-side with any other U.S. city using our market-comparison tool.
Is Gahanna a good real estate investment market?
For investors evaluating Gahanna, the price-to-rent ratio of 19.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 3.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Gahanna's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Gahanna's median home price.
Frequently asked questions
What is the average home price in Gahanna?
The median home sale price in Gahanna is $394,000, down 3.3% from last year.
How long do homes stay on market in Gahanna?
Homes typically spend 36 days on market before going under contract.
What is the median income in Gahanna?
The median household income is $106,004 per year.
Is Gahanna a buyer's or seller's market?
With 1.8 months of supply, Gahanna is currently a strong seller's market.
What is the Zillow home value estimate for Gahanna?
The Zillow Home Value Index (ZHVI) for Gahanna is $386,534, representing the typical home value in the area.
What is the median condo price in Gahanna?
The median condo/co-op sale price in Gahanna, OH is $292,500, compared to $403,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Gahanna?
The median single-family home price in Gahanna, OH is $403,000 (about $220 per square foot).
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