Is Mingo Junction, 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, Mingo Junction was a Buyer's Market.
Housing Prices in Mingo Junction, OH
How much do homes in Mingo Junction, OH cost?
Median Sold Price
$71,250
$70/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mingo Junction was $71,250 in May 2024, down 25% from last year, and the median price per square foot was $70.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $72K | -10.0% |
2 Bedrooms | $94K | $54K | -42.6% |
3 Bedrooms | $101K | $148.5K | +47.0% |
4 Bedrooms | $82K | $75.7K | -7.6% |
5+ Bedrooms | $50K | $55K | +10.0% |
Summary: Mingo Junction housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 42.6%, 3 bedroom homes increased by 47%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 10%.
Median Sold Price Compared To Nearby Cities
Steubenville | $133.3K | $145K | +8.8% |
Steubenville Township | $127.6K | $138.1K | +8.2% |
Follansbee | $135K | $130K | -3.7% |
Mingo Junction | $95K | $71.2K | -25.0% |
Housing Supply in Mingo Junction, OH
How many homes are available in Mingo Junction, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Summary: The Mingo Junction real estate market had 23 homes for sale in May 2024, a 21.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mingo Junction housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 41.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Mingo Junction in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Mingo Junction, OH
How long does it take to sell a home in Mingo Junction, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
57 Days | 47 Days | -16.8% |
Summary: Homes in Mingo Junction had an average of 47 days on market in May 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Mingo Junction; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.