Is Mad River Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mad River Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Mad River Township has remained a Seller's 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

$235,500

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,000(+7.3%)

Key Takeaway

Homes in Mad River Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Mad River Township was $235,500 in November 2024, up 7.3% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $313.5K-
N/A
2 $219.9K$179.9K
-18.2%
3 $206.5K$231.7K
+12.2%
4 $250K$268.5K
+7.4%
5+ $335K$416K
+24.2%

Summary: Mad River Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 24.2%.

Median Sold Price Compared To Nearby Cities

Green Township
+24.9%
Bath Township
+11.0%
Bethel Township
+9.5%
Mad River Township
+7.3%
Enon
0.0%

Housing Supply in Mad River Township, OH

How many homes are available in Mad River Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4331-27.9%

Summary: The Mad River Township real estate market had 31 homes for sale in November 2024, a 27.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 3022
-26.7%
4 86
-25.0%
5+ 21
-50.0%

Summary: The Mad River Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1512-20.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mad River Township, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Mad River Township in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for Mad River Township, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Mad River Township, OH

Nearby Markets to Mad River Township, OH

What housing markets are near Mad River Township, OH?