Is Malta Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Malta Township has remained a Seller's Market.
Housing Prices in Malta Township, OH
How much do homes in Malta Township, OH cost?
Median Sold Price
$123,500
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Malta Township was $123,500 in May 2024, down 26.7% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $64.9K | N/A |
2 Bedrooms | $176K | $133.5K | -24.1% |
3 Bedrooms | $140K | $169K | +20.7% |
4 Bedrooms | $200K | $119.2K | -40.4% |
5+ Bedrooms | $255K | - | N/A |
Summary: Malta Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.1%, 3 bedroom homes increased by 20.7%, 4 bedroom homes decreased by 40.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Deerfield Township | $210K | $245K | +16.7% |
Morgan Township | $184K | $192.4K | +4.6% |
McConnelsville | $176K | $181K | +2.8% |
Malta | $155.5K | $123.5K | -20.6% |
Malta Township | $168.4K | $123.5K | -26.7% |
Housing Supply in Malta Township, OH
How many homes are available in Malta Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Summary: The Malta Township real estate market had 9 homes for sale in May 2024, a 30.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Malta Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Malta Township in May 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Malta Township, OH
How long does it take to sell a home in Malta Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 51 Days | +28.6% |
Summary: Homes in Malta Township had an average of 51 days on market in May 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Malta Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.