Is Munroe Falls, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Munroe Falls has remained a Seller's Market.
Housing Prices in Munroe Falls, OH
How much do homes in Munroe Falls, OH cost?
Median Sold Price
$235,000
$131/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Munroe Falls was $235,000 in March 2024, down 8.4% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $220K | N/A |
3 Bedrooms | $256K | $235K | -8.2% |
4 Bedrooms | $340K | $345K | +1.5% |
5+ Bedrooms | - | - | N/A |
Summary: Munroe Falls 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 8.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes did not change.
Housing Supply in Munroe Falls, OH
How many homes are available in Munroe Falls, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Summary: The Munroe Falls real estate market had 17 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Munroe Falls 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Munroe Falls in March 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Munroe Falls, OH
How long does it take to sell a home in Munroe Falls, OH?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 21 Days | -31.0% |
Summary: Homes in Munroe Falls had an average of 21 days on market in Mar 2024, down by 31% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Munroe Falls; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.