$1,603 Closing Credit*
$135,000
936 SqFt
2 Beds
•1 Full Bath
Lori Amicone, Listing Office: Sluss Realty Company
Is Mansfield, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Mansfield has remained a Seller's Market.
Key Takeaway
Mansfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mansfield, OH
How much do homes in Mansfield, OH cost?
Median Sold Price
$187,000
$122/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in Mansfield has remained the same since last year.
Summary: The median home sold price in Mansfield was $187,000 in November 2024, the same as last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $73K | N/A |
| 2 Bedrooms | $130K | $112.4K | -13.5% |
| 3 Bedrooms | $179.9K | $195K | +8.4% |
| 4 Bedrooms | $245K | $270K | +10.2% |
| 5+ Bedrooms | $262.5K | $515K | +96.2% |
Summary: Mansfield 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 13.5%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 96.2%.
Median Sold Price Compared To Nearby Cities
| Springfield Township | $174.9K | $187.4K | +7.1% |
| Madison Township | $195.7K | $199.9K | +2.2% |
| Mansfield | $187K | $187K | 0.0% |
| Mansfield Township | $187K | $187K | 0.0% |
| Washington Township | $259.9K | $222K | -14.6% |
Housing Supply in Mansfield, OH
How many homes are available in Mansfield, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 47 | -23.0% |
Summary: The Mansfield real estate market had 47 homes for sale in November 2024, a 23.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 28 | 21 | -25.0% |
| 4 Bedrooms | 16 | 11 | -31.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mansfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 9 | -59.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mansfield, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Mansfield in November 2024, down by 59.1% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Mansfield, OH
How long does it take to sell a home in Mansfield, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 72 Days | +221.3% |
Summary: Homes in Mansfield had an average of 72 days on market in Nov 2024, up by 221.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mansfield are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Mansfield; 44% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.