Is Mahoning County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mahoning County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Mahoning County has remained a Seller's Market.

Key Takeaway

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

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

+$14,435(+10.1%)

Key Takeaway

Homes in Mahoning County have sold for 10.1% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $78.7K$83K
+5.4%
2 $100K$122.5K
+22.5%
3 $142.4K$154.9K
+8.8%
4 $183.4K$215.4K
+17.5%
5+ $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
+10.1%
Columbiana County
+6.7%
Portage County
+6.2%
Trumbull County
+4.4%
Lawrence County
-0.1%

Housing Supply in Mahoning County, OH

How many homes are available in Mahoning County, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
766812+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

# BEDSMar 2024Apr 2024CHANGE
1 1010
0.0%
2 126141
+11.9%
3 404436
+7.9%
4 175171
-2.3%
5+ 5154
+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 2024Apr 2024CHANGE
1961960.0%

Asking Price vs. Sold Price

102 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

60 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mahoning County, you may be able to get a good deal. 52.3% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
43 Days53 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in Mahoning County, OH

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