Is Mad River Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mad River Township has remained a Seller's Market.
Housing Prices in Mad River Township, OH
How much do homes in Mad River Township, OH cost?
Median Sold Price
$215,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mad River Township was $215,000 in March 2024, down 2.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $313.5K | - | N/A |
2 Bedrooms | $194.9K | $191.2K | -1.9% |
3 Bedrooms | $205K | $209.9K | +2.4% |
4 Bedrooms | $270K | $235K | -13.0% |
5+ Bedrooms | $341.5K | $386K | +13.0% |
Summary: Mad River Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
Bath Township | $165K | $181.6K | +10.1% |
Bethel Township | $165K | $180K | +9.1% |
Enon | $215K | $213K | -0.9% |
Mad River Township | $219.9K | $215K | -2.3% |
Housing Supply in Mad River Township, OH
How many homes are available in Mad River Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Summary: The Mad River Township real estate market had 24 homes for sale in March 2024, a 41.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 12 | 18 | +50.0% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mad River Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Mad River Township in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Mad River Township, OH
How long does it take to sell a home in Mad River Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
82 Days | 43 Days | -47.6% |
Summary: Homes in Mad River Township had an average of 43 days on market in Mar 2024, down by 47.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Mad River 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.