Is Maumee, 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, Maumee has remained a Seller's Market.
Key Takeaway
Maumee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maumee, OH
How much do homes in Maumee, OH cost?
Median Sold Price
$269,975
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Maumee have sold for 32% more than they did a year ago.
Summary: The median home sold price in Maumee was $269,975 in March 2024, up 32% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.5K | $119.7K | -31.8% |
| 2 Bedrooms | $148.7K | $206.2K | +38.7% |
| 3 Bedrooms | $188.5K | $230K | +22.0% |
| 4 Bedrooms | $271.4K | $345.2K | +27.2% |
| 5+ Bedrooms | $408.4K | $524K | +28.3% |
Summary: Maumee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 38.7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 27.2%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
| Maumee | $204.5K | $269.9K | +32.0% |
| Perrysburg Township | $310.8K | $349.4K | +12.4% |
| Toledo | $115K | $123.7K | +7.5% |
| Monclova Township | $385K | $395K | +2.6% |
| Springfield Township | $229.5K | $197K | -14.1% |
Housing Supply in Maumee, OH
How many homes are available in Maumee, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 80 | 89 | +11.3% |
Summary: The Maumee real estate market had 89 homes for sale in March 2024, a 11.3% 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 | 20 | 24 | +20.0% |
| 3 Bedrooms | 30 | 33 | +10.0% |
| 4 Bedrooms | 23 | 26 | +13.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Maumee 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 increased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 24 | +9.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maumee, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Maumee in March 2024, up by 9.1% month-over-month. Of the 23 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 66 Days | 44 Days | -33.5% |
Summary: Homes in Maumee had an average of 44 days on market in Mar 2024, down by 33.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Maumee has remained consistent over time.
Summary: During March 2024, 24 homes were sold in Maumee; 42% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.