Is Mc Donald, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Donald is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mc Donald was a Buyer's Market.

Key Takeaway

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

Housing Prices in Mc Donald, OH

How much do homes in Mc Donald, OH cost?

Median Sold Price

$215,000

$142/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$73,000(+51.4%)

Key Takeaway

Homes in Mc Donald have sold for 51.4% more than they did a month ago.

Summary: The median home sold price in Mc Donald was $215,000 in October 2024, up 51.4% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$95.5K
N/A
3 $142K$215K
+51.4%
4 -$480K
N/A
5+ --
N/A

Summary: Mc Donald housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 51.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mc Donald
+51.4%
McDonald
+51.4%

Housing Supply in Mc Donald, OH

How many homes are available in Mc Donald, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1619+18.8%

Summary: The Mc Donald real estate market had 19 homes for sale in October 2024, a 18.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1213
+8.3%
4 12
+100.0%
5+ 00
0.0%

Summary: The Mc Donald 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 33.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Donald, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Mc Donald in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mc Donald, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
22 Days56 Days+154.5%

Summary: Homes in Mc Donald had an average of 56 days on market in Oct 2024, up by 154.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 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 Mc Donald has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Mc Donald; 20% of homes were sold within 30 days, 80% 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 Mc Donald, OH

Nearby Markets to Mc Donald, OH

What housing markets are near Mc Donald, OH?