Is Mantua, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mantua has remained a Seller's Market.
Key Takeaway
Mantua is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mantua, OH
How much do homes in Mantua, OH cost?
Median Sold Price
$256,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mantua have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Mantua was $256,000 in May 2024, up 5.1% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91.4K | - | N/A |
| 2 Bedrooms | $156.5K | $154.3K | -1.4% |
| 3 Bedrooms | $227.4K | $240K | +5.5% |
| 4 Bedrooms | $311K | $310K | -0.3% |
| 5+ Bedrooms | $400K | $401.7K | 0.4% |
Summary: Mantua housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Shalersville Township | $181.5K | $224.9K | +23.9% |
| Mantua | $243.5K | $256K | +5.1% |
| Mantua Township | $255K | $257.5K | +1.0% |
Housing Supply in Mantua, OH
How many homes are available in Mantua, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Mantua real estate market had 21 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mantua housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mantua, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mantua in May 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Mantua, OH
How long does it take to sell a home in Mantua, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 55 Days | +153.8% |
Summary: Homes in Mantua had an average of 55 days on market in May 2024, up by 153.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mantua are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Mantua; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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