Is Mecca Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mecca Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mecca Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mecca Township, OH

How much do homes in Mecca Township, OH cost?

Median Sold Price

$166,300

$93/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$151,600(-47.7%)

Key Takeaway

Homes in Mecca Township have sold for 47.7% less than they did a month ago.

Summary: The median home sold price in Mecca Township was $166,300 in April 2024, down 47.7% from last month, and the median price per square foot was $93.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$295K
N/A
3 $317.9K$124K
-61.0%
4 -$166.3K
N/A
5+ --
N/A

Summary: Mecca Township housing prices by bedroom type for April 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 61%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mecca Township, OH

How many homes are available in Mecca Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
56+20.0%

Summary: The Mecca Township real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Mecca Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mecca Township, 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 Mecca Township in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Mecca Township, OH

How long does it take to sell a home in Mecca Township, OH?

Average Sale Time

Mar 2024Apr 2024CHANGE
3 Days83 Days+2677.8%

Summary: Homes in Mecca Township had an average of 83 days on market in Apr 2024, up by 2677.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Mecca Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in Mecca Township, OH

Nearby Markets to Mecca Township, OH

What housing markets are near Mecca Township, OH?