Is Mogadore, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Mogadore has remained a Seller's Market.
Key Takeaway
Mogadore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Mogadore, OH cost?
Median Sold Price
$175,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
+$13,475(+8.3%)
Key Takeaway
Homes in Mogadore have sold for 8.3% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2021 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $150.5K | +36.8% |
| 3 Bedrooms | $165K | $183.5K | +11.2% |
| 4 Bedrooms | $176K | $175K | -0.6% |
| 5+ Bedrooms | $90K | - | N/A |
Median Sold Price Compared To Nearby Cities
| Mogadore | $161.5K | $175K | +8.3% |
| Mogadore | $189.9K | $205K | +7.9% |
| Akron | $107.9K | $115.2K | +6.8% |
| Suffield Township | $220K | $228.5K | +3.9% |
| Springfield Township | $161.5K | $166.9K | +3.4% |
How many homes are available in Mogadore, OH?
Number of Homes For Sale
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 8 | 9 | +12.5% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2022 | Dec 2022 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Nov 2022 | Dec 2022 | % |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mogadore, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Average Sale Time
| Dec 2021 | Dec 2022 | % |
|---|---|---|
| 54 Days | 8 Days | -85.4% |
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mogadore are selling fast, if you're buying plan to act quickly.
