Is Montville Township, 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, Montville Township has remained a Seller's Market.
Housing Prices in Montville Township, OH
How much do homes in Montville Township, OH cost?
Median Sold Price
$425,750
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Montville Township was $425,750 in March 2024, down 3.8% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $279.9K | $300K | +7.2% |
3 Bedrooms | $380K | $366.5K | -3.6% |
4 Bedrooms | $511K | $476K | -6.9% |
5+ Bedrooms | $675K | $670K | -0.7% |
Summary: Montville Township 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 7.2%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Cities
Sharon Township | $455K | $572.5K | +25.8% |
Medina City Township | $244.8K | $265.3K | +8.4% |
Medina | $325K | $335.2K | +3.1% |
Medina Township | $325K | $335K | +3.1% |
Montville Township | $442.5K | $425.7K | -3.8% |
Housing Supply in Montville Township, OH
How many homes are available in Montville Township, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Summary: The Montville Township real estate market had 37 homes for sale in March 2024, a 15.6% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 12 | 12 | 0.0% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Montville Township 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 18.8%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Montville Township in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Montville Township, OH
How long does it take to sell a home in Montville Township, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 81 Days | +92.9% |
Summary: Homes in Montville Township had an average of 81 days on market in Mar 2024, up by 92.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in Montville Township; 13% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.