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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mason Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Mason Township, OH

How much do homes in Mason Township, OH cost?

Median Sold Price

$440,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,500(+1.7%)

Key Takeaway

Homes in Mason Township have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Mason Township was $440,000 in October 2024, up 1.7% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $270K$275.7K
+2.1%
3 $325K$375K
+15.4%
4 $552.5K$586.5K
+6.2%
5+ $714K$890K
+24.6%

Summary: Mason Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 24.6%.

Housing Supply in Mason Township, OH

How many homes are available in Mason Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2137+76.2%

Summary: The Mason Township real estate market had 37 homes for sale in October 2024, a 76.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 26
+200.0%
3 914
+55.6%
4 511
+120.0%
5+ 56
+20.0%

Summary: The Mason Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 120%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mason Township, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Mason Township in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 0% were sold at asking, and 55% were sold over asking.

Days on Market for Mason Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
0 Days5 Days+950.0%

Summary: Homes in Mason Township had an average of 5 days on market in Oct 2024, up by 950% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Mason Township; 36% of homes were sold within 30 days, 0% 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 Mason Township, OH

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