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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McConnelsville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, McConnelsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in McConnelsville, OH

How much do homes in McConnelsville, OH cost?

Median Sold Price

$199,900

$103/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$9,900(+5.2%)

Key Takeaway

Homes in McConnelsville have sold for 5.2% more than they did a month ago.

Summary: The median home sold price in McConnelsville was $199,900 in October 2024, up 5.2% from last month, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$65K
N/A
2 $134.5K$199.9K
+48.6%
3 $285K$381.4K
+33.8%
4 $190K-
N/A
5+ -$259K
N/A

Summary: McConnelsville 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 increased by 48.6%, 3 bedroom homes increased by 33.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Morgan Township
+52.8%
McConnelsville
+5.2%

Housing Supply in McConnelsville, OH

How many homes are available in McConnelsville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2018-10.0%

Summary: The McConnelsville real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 64
-33.3%
3 99
0.0%
4 11
0.0%
5+ 22
0.0%

Summary: The McConnelsville 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McConnelsville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in McConnelsville in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for McConnelsville, OH

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

Average Sale Time

Sep 2024Oct 2024CHANGE
43 Days78 Days+83.3%

Summary: Homes in McConnelsville had an average of 78 days on market in Oct 2024, up by 83.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in McConnelsville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

Newest Listings in McConnelsville, OH

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