Is Mantua, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mantua is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mantua was a Seller's Market.

Key Takeaway

Mantua is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mantua, OH

How much do homes in Mantua, OH cost?

Median Sold Price

$255,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,000(+6.3%)

Key Takeaway

Homes in Mantua have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Mantua was $255,000 in November 2024, up 6.3% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $180K$128.7K
-28.5%
3 $240K$240.9K
0.4%
4 $330K$312.5K
-5.3%
5+ $435K$289K
-33.6%

Summary: Mantua 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 28.5%, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Shalersville Township
+27.3%
Mantua Township
+11.5%
Mantua
+6.3%

Housing Supply in Mantua, OH

How many homes are available in Mantua, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The Mantua real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 108
-20.0%
4 45
+25.0%
5+ 10
-100.0%

Summary: The Mantua 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mantua, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mantua in November 2024, down by 66.7% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Mantua, OH

How long does it take to sell a home in Mantua, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days40 Days+84.6%

Summary: Homes in Mantua had an average of 40 days on market in Nov 2024, up by 84.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mantua are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Mantua; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Mantua, OH

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