Is Meigs County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meigs County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Meigs County has remained a Seller's Market.

Key Takeaway

Meigs County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Meigs County, OH

How much do homes in Meigs County, OH cost?

Median Sold Price

$174,000

$100/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$6,000(+3.6%)

Key Takeaway

Homes in Meigs County have sold for 3.6% more than they did a month ago.

Summary: The median home sold price in Meigs County was $174,000 in March 2024, up 3.6% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $168K$132.5K
-21.1%
4 -$174K
N/A
5+ --
N/A

Summary: Meigs County housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 21.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Meigs County
+3.6%
Athens County
-37.7%

Housing Supply in Meigs County, OH

How many homes are available in Meigs County, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1311-15.4%

Summary: The Meigs County real estate market had 11 homes for sale in March 2024, a 15.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 86
-25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Meigs County 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meigs County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Meigs County in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Meigs County, OH

How long does it take to sell a home in Meigs County, OH?

Average Sale Time

Feb 2024Mar 2024CHANGE
92 Days17 Days-81.5%

Summary: Homes in Meigs County had an average of 17 days on market in Mar 2024, down by 81.5% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Meigs County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in Meigs County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Meigs County, OH

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What housing markets are near Meigs County, OH?