Is West Mansfield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, West Mansfield was a Seller's Market.
Key Takeaway
West Mansfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Mansfield, OH
How much do homes in West Mansfield, OH cost?
Median Sold Price
$226,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in West Mansfield have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in West Mansfield was $226,000 in April 2024, up 3.9% 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 | $104.4K | $337K | +222.6% |
| 3 Bedrooms | $257.5K | $232.5K | -9.7% |
| 4 Bedrooms | $290K | $208.5K | -28.1% |
| 5+ Bedrooms | $149.9K | - | N/A |
Summary: West Mansfield 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 222.6%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 28.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| West Mansfield | $217.5K | $226K | +3.9% |
| Perry Township | $255K | $255K | 0.0% |
Housing Supply in West Mansfield, OH
How many homes are available in West Mansfield, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The West Mansfield real estate market had 8 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The West Mansfield 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Mansfield, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in West Mansfield in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for West Mansfield, OH
How long does it take to sell a home in West Mansfield, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 38 Days | +49.0% |
Summary: Homes in West Mansfield had an average of 38 days on market in Apr 2024, up by 49% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in West Mansfield has remained consistent over time.
Summary: During April 2024, 1 homes were sold in West Mansfield; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.