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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mantua Township is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Mantua Township has remained a Seller's Market.

Key Takeaway

Mantua Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mantua Township, OH

How much do homes in Mantua Township, OH cost?

Median Sold Price

$260,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+8.3%)

Key Takeaway

Homes in Mantua Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Mantua Township was $260,000 in December 2024, up 8.3% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $164K$186K
+13.4%
3 $230K$250.2K
+8.8%
4 $333K$342.5K
+2.9%
5+ $435K$289K
-33.6%

Summary: Mantua Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 33.6%.

Median Sold Price Compared To Nearby Cities

Auburn Township
+13.5%
Mantua Township
+8.3%
Mantua
+6.3%
Hiram Township
-9.2%

Housing Supply in Mantua Township, OH

How many homes are available in Mantua Township, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1611-31.3%

Summary: The Mantua Township real estate market had 11 homes for sale in December 2024, a 31.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 117
-36.4%
4 43
-25.0%
5+ 00
0.0%

Summary: The Mantua Township housing inventory by bedroom type for December 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 36.4%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mantua Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in Mantua Township in December 2024, up by 25.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Mantua Township, OH

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

Average Sale Time

Dec 2023Dec 2024CHANGE
68 Days23 Days-66.3%

Summary: Homes in Mantua Township had an average of 23 days on market in Dec 2024, down by 66.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mantua Township has remained consistent over time.

Summary: During December 2024, 5 homes were sold in Mantua Township; 40% of homes were sold within 30 days, 60% 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 4 Days Ago

Newest Listings in Mantua Township, OH

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