Is Mc Donald, 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, Mc Donald has remained a Seller's Market.
Key Takeaway
Mc Donald is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mc Donald, OH
How much do homes in Mc Donald, OH cost?
Median Sold Price
$144,750
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mc Donald have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in Mc Donald was $144,750 in April 2024, up 21.1% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $81.5K | $68.2K | -16.3% |
| 3 Bedrooms | $135K | $166.2K | +23.1% |
| 4 Bedrooms | $181.5K | $443K | +144.1% |
| 5+ Bedrooms | $142K | $155K | +9.2% |
Summary: Mc Donald housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 144.1%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Mc Donald | $119.5K | $144.7K | +21.1% |
| Niles | $105K | $124.9K | +19.0% |
| Weathersfield Township | $111K | $125K | +12.6% |
| Girard | $128K | $137K | +7.0% |
Housing Supply in Mc Donald, OH
How many homes are available in Mc Donald, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Mc Donald real estate market had 9 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mc Donald 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 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mc Donald, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mc Donald in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Mc Donald, OH
How long does it take to sell a home in Mc Donald, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 92 Days | 14 Days | -84.8% |
Summary: Homes in Mc Donald had an average of 14 days on market in Apr 2024, down by 84.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mc Donald are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Mc Donald; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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