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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Mason, OH

How much do homes in Mason, OH cost?

Median Sold Price

$445,500

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,500(+4.8%)

Key Takeaway

Homes in Mason have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Mason was $445,500 in November 2024, up 4.8% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $272.5K$279.5K
+2.6%
3 $321K$387.5K
+20.7%
4 $557.5K$576.2K
+3.4%
5+ $726.5K$914.9K
+25.9%

Summary: Mason 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 increased by 2.6%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 25.9%.

Median Sold Price Compared To Nearby Cities

Deerfield Township
+9.2%
Mason
+4.8%
Union Township
-1.4%
West Chester Township
-6.0%

Housing Supply in Mason, OH

How many homes are available in Mason, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2321-8.7%

Summary: The Mason real estate market had 21 homes for sale in November 2024, a 8.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 97
-22.2%
4 57
+40.0%
5+ 53
-40.0%

Summary: The Mason 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 22.2%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mason in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Mason, 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 Mason, OH

Nearby Markets to Mason, OH

What housing markets are near Mason, OH?