Is Maumee, 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, Maumee has remained a Seller's Market.
Housing Prices in Maumee, OH
How much do homes in Maumee, OH cost?
Median Sold Price
$267,300
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Maumee was $267,300 in May 2024, up 6.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175.5K | $119.7K | -31.8% |
2 Bedrooms | $186.5K | $202.5K | +8.6% |
3 Bedrooms | $217.5K | $231.5K | +6.4% |
4 Bedrooms | $343.5K | $345.4K | +0.6% |
5+ Bedrooms | $440K | $532K | +20.9% |
Summary: Maumee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
Maumee | $250.2K | $267.3K | +6.8% |
Perrysburg Township | $335K | $354K | +5.7% |
Toledo | $120.1K | $125K | +4.1% |
Springfield Township | $194.3K | $199.9K | +2.9% |
Monclova Township | $386.2K | $395K | +2.3% |
Housing Supply in Maumee, OH
How many homes are available in Maumee, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 116 | -2.5% |
Summary: The Maumee real estate market had 116 homes for sale in May 2024, a 2.5% 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 | 25 | 26 | +4.0% |
3 Bedrooms | 46 | 50 | +8.7% |
4 Bedrooms | 41 | 34 | -17.1% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Maumee 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 4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 40 | +5.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Maumee in May 2024, up by 5.3% month-over-month. Of the 40 sold homes, 33% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for Maumee, OH
How long does it take to sell a home in Maumee, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 39 Days | -9.2% |
Summary: Homes in Maumee had an average of 39 days on market in May 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Maumee; 28% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.