Is Mantua, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mantua was a Seller's Market.
Key Takeaway
Mantua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mantua, OH
How much do homes in Mantua, OH cost?
Median Sold Price
$240,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mantua have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Mantua was $240,000 in March 2024, down 7.7% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91.4K | - | N/A |
| 2 Bedrooms | $143.2K | $180K | +25.7% |
| 3 Bedrooms | $249.2K | $232K | -6.9% |
| 4 Bedrooms | $311K | $325K | +4.5% |
| 5+ Bedrooms | $400K | $401.7K | 0.4% |
Summary: Mantua 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 increased by 25.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Shalersville Township | $183K | $204K | +11.5% |
| Mantua Township | $265K | $244.9K | -7.6% |
| Mantua | $260K | $240K | -7.7% |
Housing Supply in Mantua, OH
How many homes are available in Mantua, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Mantua real estate market had 18 homes for sale in March 2024, a 5.3% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mantua 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mantua, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Mantua in March 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mantua, OH
How long does it take to sell a home in Mantua, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 63 Days | 61 Days | -2.1% |
Summary: Homes in Mantua had an average of 61 days on market in Mar 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mantua are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Mantua; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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