Is Mantua 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, Mantua Township has remained a Seller's Market.
Housing Prices in Mantua Township, OH
How much do homes in Mantua Township, OH cost?
Median Sold Price
$257,500
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mantua Township was $257,500 in May 2024, up 1% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.4K | - | N/A |
2 Bedrooms | $148K | $154.3K | +4.3% |
3 Bedrooms | $233.7K | $239K | +2.3% |
4 Bedrooms | $332.5K | $330K | -0.8% |
5+ Bedrooms | $400K | $401.7K | 0.4% |
Summary: Mantua 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 increased by 4.3%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
Hiram Township | $218.7K | $285K | +30.3% |
Shalersville Township | $181.5K | $224.9K | +23.9% |
Auburn Township | $431.5K | $476K | +10.3% |
Mantua | $243.5K | $256K | +5.1% |
Mantua Township | $255K | $257.5K | +1.0% |
Housing Supply in Mantua Township, OH
How many homes are available in Mantua Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 23 | -8.0% |
Summary: The Mantua Township real estate market had 23 homes for sale in May 2024, a 8.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 16 | 12 | -25.0% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mantua 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 increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Mantua Township in May 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for Mantua Township, OH
How long does it take to sell a home in Mantua Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 50 Days | +132.0% |
Summary: Homes in Mantua Township had an average of 50 days on market in May 2024, up by 132% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Mantua Township; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.