Is Mount Gilead, OH 43338 a buyer’s or seller’s market?
Mount Gilead is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 44% of U.S. ZIP codes, and #382 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Mount Gilead housing market right now
In the three months ending August 31, 2026, 34% of homes in Mount Gilead, OH 43338 sold above their list price, the typical home went under contract in 53 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 33 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 30%, homes sold more slowly (44 days then) and the median sale price rose 4% to $302,369. Overall, Mount Gilead is about as competitive as it was a year ago.
Within Morrow County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Mount Gilead ranks #382 of 489 OH ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Sparta 43350 (0% sold over asking) or Edison 43320 (0% sold over asking), while Ashley 43003 (38% sold over asking) is even more competitive.
Run the numbers for 43338
Nearby markets
Ashley 43003Seller’s market $190 /sq ftCardington 43315Seller’s market $189 /sq ftChesterville 43317 $46 /sq ftEdison 43320Seller’s market $171 /sq ft Browse all markets →Towns like Mount Gilead nearby
Find towns like Mount Gilead in other states →Where Mount Gilead is
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Questions about Mount Gilead real estate
Is Mount Gilead a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Mount Gilead, OH 43338 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mount Gilead?
The typical home went under contract in 53 days in the latest three months.
Do homes in Mount Gilead sell over asking?
34% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Mount Gilead?
About 1.06% of a home’s value a year in Morrow County, or roughly $4,240 on a $400,000 home.
What is the median home price in Mount Gilead?
The median sale price was $302,369 in the three months ending August 31, 2026, about $205 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology