Is Mahoning County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Mahoning County has remained a Seller's Market.
Key Takeaway
Mahoning County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mahoning County, OH
How much do homes in Mahoning County, OH cost?
Median Sold Price
$157,641
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mahoning County have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Mahoning County was $157,641 in May 2024, up 9.7% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $87.5K | +6.7% |
| 2 Bedrooms | $100K | $125K | +25.0% |
| 3 Bedrooms | $143K | $154.9K | +8.4% |
| 4 Bedrooms | $185.4K | $212.5K | +14.7% |
| 5+ Bedrooms | $220K | $262.5K | +19.3% |
Summary: Mahoning County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Counties
| Mahoning County | $143.7K | $157.6K | +9.7% |
| Portage County | $232.8K | $250.3K | +7.5% |
| Columbiana County | $150.5K | $160K | +6.3% |
| Trumbull County | $142.3K | $147.6K | +3.7% |
| Lawrence County | $144.6K | $149.9K | +3.7% |
Housing Supply in Mahoning County, OH
How many homes are available in Mahoning County, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 805 | 848 | +5.3% |
Summary: The Mahoning County real estate market had 848 homes for sale in May 2024, a 5.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 138 | 132 | -4.3% |
| 3 Bedrooms | 430 | 456 | +6.0% |
| 4 Bedrooms | 176 | 192 | +9.1% |
| 5+ Bedrooms | 51 | 56 | +9.8% |
Summary: The Mahoning County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 206 | 213 | +3.4% |
Asking Price vs. Sold Price
101 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mahoning County, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 213 homes were sold or pending in Mahoning County in May 2024, up by 3.4% month-over-month. Of the 210 sold homes, 48% were sold under asking, 22% were sold at asking, and 30% were sold over asking.
Days on Market for Mahoning County, OH
How long does it take to sell a home in Mahoning County, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 46 Days | -2.2% |
Summary: Homes in Mahoning County had an average of 46 days on market in May 2024, down by 2.2% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
73 Homes Were Sold
In 30 - 90 Days
33 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mahoning County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 213 homes were sold in Mahoning County; 50% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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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. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved