Is Mahoning County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mahoning County has remained a Seller's Market.
Housing Prices in Mahoning County, OH
How much do homes in Mahoning County, OH cost?
Median Sold Price
$157,816
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mahoning County was $157,816 in April 2024, up 10.1% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $78.7K | $83K | +5.4% |
2 Bedrooms | $100K | $122.5K | +22.5% |
3 Bedrooms | $142.4K | $154.9K | +8.8% |
4 Bedrooms | $183.4K | $215.4K | +17.5% |
5+ Bedrooms | $215K | $265K | +23.3% |
Summary: Mahoning County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Counties
Mahoning County | $143.3K | $157.8K | +10.1% |
Columbiana County | $150K | $160.1K | +6.7% |
Portage County | $235.2K | $249.7K | +6.2% |
Trumbull County | $139.9K | $146.1K | +4.4% |
Lawrence County | $146.3K | $146.2K | -0.1% |
Housing Supply in Mahoning County, OH
How many homes are available in Mahoning County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
766 | 812 | +6.0% |
Summary: The Mahoning County real estate market had 812 homes for sale in April 2024, a 6.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 10 | 0.0% |
2 Bedrooms | 126 | 141 | +11.9% |
3 Bedrooms | 404 | 436 | +7.9% |
4 Bedrooms | 175 | 171 | -2.3% |
5+ Bedrooms | 51 | 54 | +5.9% |
Summary: The Mahoning County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
196 | 196 | 0.0% |
Asking Price vs. Sold Price
102 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
60 Homes Were Sold
Over Asking
Summary: A total of 196 homes were sold or pending in Mahoning County in April 2024, the same as the previous month. Of the 195 sold homes, 52% were sold under asking, 17% were sold at asking, and 31% were sold over asking.
Days on Market for Mahoning County, OH
How long does it take to sell a home in Mahoning County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 53 Days | +22.0% |
Summary: Homes in Mahoning County had an average of 53 days on market in Apr 2024, up by 22% compared to last year.
Breakdown of Home Sale Times
87 Homes Were Sold
Under 30 Days
77 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Summary: During April 2024, 196 homes were sold in Mahoning County; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.