Granville, OH

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Granville short-term rental market based on reliable data.

Listings

77 / 136

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$31,849

Middle-Earners Revenue

Occupancy

56%

Middle-Earners Occupancy

Home Value

$501,051

Median Home Sale Price

Top Earners

$61,597

Top-Earners Revenue

Granville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Granville.

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C

Challenging to Investors

Granville Regulations

Granville's STR regulations are currently in flux due to a moratorium on new applications since April 2024, creating significant uncertainty for investors despite STRs being theoretically permitted. The previous framework required moderate permitting with insurance mandates, documentation, and zoning compliance, but the indefinite suspension of applications prevents new market entry and the unclear timeline for ordinance revision introduces substantial investment risk.

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About Granville

Granville is a village in Licking County, Ohio, United States. The population was 5,946 at the 2020 census. The village is located in a rural area of rolling hills, known locally as the Welsh Hills, in central Ohio. It is 35 miles (56 km) east of Columbus, the state capital, and 7 miles (11 km) west of Newark, the county seat. Granville is home to Denison University as well as the birthplace of the song "Tweezer" by Phish. The village has a number of historic buildings, including Greek Revival structures like the Avery Downer House, St. Luke's Episcopal Church (1837) and others. The Buxton Inn (1812), the Granville Inn (1924), Bancroft House (1834) and Bryn Du Mansion are local landmarks.

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