Is Mead Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mead Township was a Buyer's Market.
Housing Prices in Mead Township, OH
How much do homes in Mead Township, OH cost?
Median Sold Price
$133,700
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mead Township was $133,700 in May 2024, down 5.4% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $131K | $110.7K | -15.5% |
3 Bedrooms | $148K | $152K | +2.7% |
4 Bedrooms | $165K | $235K | +42.4% |
5+ Bedrooms | - | $174K | N/A |
Summary: Mead 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 15.5%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Shadyside | $141.3K | $134.3K | -5.0% |
Mead Township | $141.3K | $133.7K | -5.4% |
Housing Supply in Mead Township, OH
How many homes are available in Mead Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Mead Township real estate market had 20 homes for sale in May 2024, a 17.6% increase 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 | 4 | 5 | +25.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Mead 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 25%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Mead Township in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Mead Township, OH
How long does it take to sell a home in Mead Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
161 Days | 50 Days | -68.5% |
Summary: Homes in Mead Township had an average of 50 days on market in May 2024, down by 68.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Mead Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.