Mount Gilead, OH housing market
The typical Mount Gilead home is worth about $262,000, up 5.5% in a year, 5% above the Ohio typical home. Homes typically sell in 40 days, below asking.
Home values, sales, trends and how Mount Gilead compares with the towns next door — updated as new data is published.
Mount Gilead at a glance
A seller's market
Supply is tight — about 2.8 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Mount Gilead | Ohio |
|---|---|---|
| 2017 | $166,000 | $133,000 |
| 2018 | $175,000 | $141,000 |
| 2019 | $173,000 | $150,000 |
| 2020 | $189,000 | $158,000 |
| 2021 | $209,000 | $178,000 |
| 2022 | $225,000 | $195,000 |
| 2023 | $233,000 | $211,000 |
| 2024 | $236,000 | $224,000 |
| 2025 | $249,000 | $237,000 |
| 2026 | $255,000 | $245,000 |
| August 2026 | $262,000 | $249,000 |
No new homes permitted in 2025
No permits for new homes were issued in Mount Gilead in 2025. The last year with any was 2023 (3 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mount Gilead's population fell by 157 even though 12 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Ohio: 1.3 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $600,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 3 | 3 | 0 | $770,000 |
| 2022 | 4 | 1 | 3 | $844,000 |
| 2021 | 3 | 3 | 0 | $390,000 |
| 2020 | 4 | 4 | 0 | $414,000 |
| 2019 | 3 | 3 | 0 | $388,000 |
| 2018 | 1 | 1 | 0 | $36,000 |
| 2017 | 3 | 3 | 0 | $410,000 |
| 2016 | 1 | 1 | 0 | $60,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 3 | 3 | 0 | $417,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $55,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 1 | 1 | 0 | $80,000 |
| 2008 | 3 | 3 | 0 | $290,000 |
| 2007 | 40 | 40 | 0 | $2.5 million |
| 2006 | 23 | 5 | 18 | $1.9 million |
| 2005 | 1 | 1 | 0 | $110,000 |
| 2004 | 2 | 2 | 0 | $170,000 |
| 2003 | 8 | 5 | 3 | $718,000 |
| 2002 | 4 | 4 | 0 | $354,000 |
| 2001 | 3 | 3 | 0 | $527,000 |
| 2000 | 2 | 2 | 0 | $304,000 |
How Mount Gilead ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Mount Gilead and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Mount Gilead | $262K | +5.5% | $1,120 | 0 | $44,643 |
| Edison | $236K | +2.9% | $1,190 | 0 | $58,021 |
5.9 years of income
The typical Mount Gilead home costs about 5.9 years of the town's median household income, more than across Ohio (3.5 years).
How Mount Gilead ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Mount Gilead is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mount Gilead pay a median of $799, so moving in tends to cost more than staying put. A two-bedroom takes about 30% of the town's median household income, above the 30% guideline for affordable housing.
Studio $870 · 4 bedrooms $1,510
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (43338; Columbus, OH HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Mount Gilead
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.