Is Maumee, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Maumee has remained a Seller's Market.
Key Takeaway
Maumee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Maumee, OH
How much do homes in Maumee, OH cost?
Median Sold Price
$267,300
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Maumee have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Maumee was $267,300 in May 2024, up 6.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.5K | $119.7K | -31.8% |
| 2 Bedrooms | $186.5K | $202.5K | +8.6% |
| 3 Bedrooms | $217.5K | $231.5K | +6.4% |
| 4 Bedrooms | $343.5K | $345.4K | +0.6% |
| 5+ Bedrooms | $440K | $532K | +20.9% |
Summary: Maumee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Cities
| Maumee | $250.2K | $267.3K | +6.8% |
| Perrysburg Township | $335K | $354K | +5.7% |
| Toledo | $120.1K | $125K | +4.1% |
| Springfield Township | $194.3K | $199.9K | +2.9% |
| Monclova Township | $386.2K | $395K | +2.3% |
Housing Supply in Maumee, OH
How many homes are available in Maumee, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 119 | 116 | -2.5% |
Summary: The Maumee real estate market had 116 homes for sale in May 2024, a 2.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 25 | 26 | +4.0% |
| 3 Bedrooms | 46 | 50 | +8.7% |
| 4 Bedrooms | 41 | 34 | -17.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Maumee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 38 | 40 | +5.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Maumee, you could pay more than the asking price. 45% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Maumee in May 2024, up by 5.3% month-over-month. Of the 40 sold homes, 33% were sold under asking, 23% were sold at asking, and 45% were sold over asking.
Days on Market for Maumee, OH
How long does it take to sell a home in Maumee, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 43 Days | 39 Days | -9.2% |
Summary: Homes in Maumee had an average of 39 days on market in May 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Maumee has remained consistent over time.
Summary: During May 2024, 40 homes were sold in Maumee; 28% of homes were sold within 30 days, 68% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.