Is Monclova, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monclova is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Monclova was a Buyer's Market.

Key Takeaway

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

Housing Prices in Monclova, OH

How much do homes in Monclova, OH cost?

Median Sold Price

$379,850

$180/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$219,650(-36.6%)

Key Takeaway

Homes in Monclova have sold for 36.6% less than they did a month ago.

Summary: The median home sold price in Monclova was $379,850 in March 2024, down 36.6% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $599.5K$379.8K
-36.6%
4 --
N/A
5+ --
N/A

Summary: Monclova 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 36.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Monclova, OH

How many homes are available in Monclova, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
911+22.2%

Summary: The Monclova real estate market had 11 homes for sale in March 2024, a 22.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The Monclova 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 remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monclova, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Monclova in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Monclova, OH

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

Average Sale Time

Feb 2024Mar 2024CHANGE
29 Days102 Days+253.4%

Summary: Homes in Monclova had an average of 102 days on market in Mar 2024, up by 253.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Monclova; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

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