Mount Gilead

Situated in Morrow County, this small Ohio community of roughly 2,900 residents currently shows just one active listing on the market, signaling extremely limited inventory for buyers. That single listing carries a median home price of $574,900, which translates to $239 per square foot across an average home size of 2,406 square feet - figures that sit notably above what the local median household income of $49,536 might suggest as typical purchasing power for residents. The owner-occupancy rate of 51.4% reflects a relatively even split between owners and renters, which is somewhat lower than many comparable small Ohio towns. Families with children would fall under the Northmor Local School District. Given the razor-thin inventory, prospective buyers should expect little negotiating leverage, while sellers face minimal direct competition. Anyone tracking this market should monitor whether new listings emerge, as a single property makes it difficult to draw broad conclusions about sustained price trends.

Market description generated from current MLS and U.S. Census data.