Is Montville Township, 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, Montville Township has remained a Seller's Market.
Housing Prices in Montville Township, OH
How much do homes in Montville Township, OH cost?
Median Sold Price
$429,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Montville Township was $429,000 in April 2024, down 4.7% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $279.9K | $300K | +7.2% |
3 Bedrooms | $381K | $365K | -4.2% |
4 Bedrooms | $515K | $477K | -7.4% |
5+ Bedrooms | $750K | $670K | -10.7% |
Summary: Montville Township 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 7.2%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 10.7%.
Median Sold Price Compared To Nearby Cities
Sharon Township | $462.5K | $567K | +22.6% |
Medina City Township | $240.2K | $277.5K | +15.5% |
Medina | $325K | $340.4K | +4.7% |
Medina Township | $325K | $340K | +4.6% |
Montville Township | $450K | $429K | -4.7% |
Housing Supply in Montville Township, OH
How many homes are available in Montville Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Summary: The Montville Township real estate market had 39 homes for sale in April 2024, a 5.4% increase 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 | 1 | 1 | 0.0% |
3 Bedrooms | 13 | 12 | -7.7% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Montville 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 decreased by 7.7%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 13 | +44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Montville Township in April 2024, up by 44.4% month-over-month. Of the 13 sold homes, 15% were sold under asking, 23% were sold at asking, and 62% were sold over asking.
Days on Market for Montville Township, OH
How long does it take to sell a home in Montville Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 19 Days | -13.8% |
Summary: Homes in Montville Township had an average of 19 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Montville Township; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.