Is Minerva, 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, Minerva has remained a Seller's Market.
Housing Prices in Minerva, OH
How much do homes in Minerva, OH cost?
Median Sold Price
$171,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Minerva was $171,000 in April 2024, up 21.3% 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 | - | - | N/A |
2 Bedrooms | $115K | $137K | +19.1% |
3 Bedrooms | $136K | $177.5K | +30.5% |
4 Bedrooms | $172.5K | $190K | +10.1% |
5+ Bedrooms | $95K | $202.5K | +113.2% |
Summary: Minerva 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 increased by 19.1%, 3 bedroom homes increased by 30.5%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 113.2%.
Median Sold Price Compared To Nearby Cities
Minerva | $140K | $170K | +21.4% |
Minerva | $141K | $171K | +21.3% |
Paris Township | $145K | $166K | +14.5% |
Brown Township | $190K | $210K | +10.5% |
Housing Supply in Minerva, OH
How many homes are available in Minerva, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 16 | -36.0% |
Summary: The Minerva real estate market had 16 homes for sale in April 2024, a 36.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 18 | 11 | -38.9% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minerva 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 decreased by 20%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 4 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Minerva in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Minerva, OH
How long does it take to sell a home in Minerva, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 27 Days | -34.4% |
Summary: Homes in Minerva had an average of 27 days on market in Apr 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Minerva; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.