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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mead Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mead Township was a Seller's Market.

Key Takeaway

Mead Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mead Township, OH

How much do homes in Mead Township, OH cost?

Median Sold Price

$153,500

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,150(+14.3%)

Key Takeaway

Homes in Mead Township have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Mead Township was $153,500 in November 2024, up 14.3% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $101.7K$100K
-1.7%
2 $120K$106.2K
-11.5%
3 $149K$162K
+8.7%
4 $123K$265K
+115.4%
5+ $174K-
N/A

Summary: Mead Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 11.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 115.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mead Township
+14.3%
Shadyside
+13.9%

Housing Supply in Mead Township, OH

How many homes are available in Mead Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1517+13.3%

Summary: The Mead Township real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 99
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Mead Township 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Mead Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mead Township in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mead Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days108 Days+113.8%

Summary: Homes in Mead Township had an average of 108 days on market in Nov 2024, up by 113.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mead Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Mead Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Mead Township, OH

Nearby Markets to Mead Township, OH

What housing markets are near Mead Township, OH?