Is Mahoning County, 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, Mahoning County has remained a Seller's Market.
Housing Prices in Mahoning County, OH
How much do homes in Mahoning County, OH cost?
Median Sold Price
$155,695
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mahoning County was $155,695 in March 2024, up 9.2% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $78.7K | $85.2K | +8.3% |
2 Bedrooms | $99.9K | $121K | +21.0% |
3 Bedrooms | $141.5K | $152.2K | +7.5% |
4 Bedrooms | $183.2K | $215K | +17.3% |
5+ Bedrooms | $220K | $250K | +13.6% |
Summary: Mahoning County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Counties
Mahoning County | $142.6K | $155.6K | +9.2% |
Portage County | $231.2K | $249.6K | +7.9% |
Columbiana County | $150K | $161.6K | +7.8% |
Trumbull County | $139.8K | $145K | +3.7% |
Lawrence County | $140.4K | $144.8K | +3.1% |
Housing Supply in Mahoning County, OH
How many homes are available in Mahoning County, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
697 | 758 | +8.8% |
Summary: The Mahoning County real estate market had 758 homes for sale in March 2024, a 8.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 10 | +25.0% |
2 Bedrooms | 119 | 123 | +3.4% |
3 Bedrooms | 364 | 396 | +8.8% |
4 Bedrooms | 160 | 174 | +8.8% |
5+ Bedrooms | 46 | 55 | +19.6% |
Summary: The Mahoning County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 19.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
159 | 175 | +10.1% |
Asking Price vs. Sold Price
96 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
52 Homes Were Sold
Over Asking
Summary: A total of 175 homes were sold or pending in Mahoning County in March 2024, up by 10.1% month-over-month. Of the 175 sold homes, 55% were sold under asking, 15% were sold at asking, and 30% were sold over asking.
Days on Market for Mahoning County, OH
How long does it take to sell a home in Mahoning County, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 64 Days | +17.2% |
Summary: Homes in Mahoning County had an average of 64 days on market in Mar 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
59 Homes Were Sold
Under 30 Days
69 Homes Were Sold
In 30 - 90 Days
47 Homes Were Sold
Over 90 Days
Summary: During March 2024, 175 homes were sold in Mahoning County; 34% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.