$80,000
1.37 Acres
Land
Christopher Howard, Listing Office: Home Experts Realty
Is Mad River Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mad River Township was a Neutral Market.
Key Takeaway
Mad River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mad River Township, OH
How much do homes in Mad River Township, OH cost?
Median Sold Price
$226,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,750(+3.5%)
Key Takeaway
Homes in Mad River Township have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Mad River Township was $226,500 in October 2024, up 3.5% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $313.5K | - | N/A |
| 2 Bedrooms | $200.9K | $179.9K | -10.5% |
| 3 Bedrooms | $208K | $224.9K | +8.1% |
| 4 Bedrooms | $271K | $257.4K | -5.0% |
| 5+ Bedrooms | $335K | $416K | +24.2% |
Summary: Mad River Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 24.2%.
Median Sold Price Compared To Nearby Cities
| Bath Township | $179.5K | $199.9K | +11.4% |
| Bethel Township | $169.9K | $186.1K | +9.6% |
| Mad River Township | $218.7K | $226.5K | +3.5% |
| Enon | $209K | $215K | +2.9% |
Housing Supply in Mad River Township, OH
How many homes are available in Mad River Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 41 | -4.7% |
Summary: The Mad River Township real estate market had 41 homes for sale in October 2024, a 4.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Mad River Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mad River Township, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Mad River Township in October 2024, up by 50.0% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Mad River Township, OH
How long does it take to sell a home in Mad River Township, OH?
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 Mad River Township has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Mad River Township; 0% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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