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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Metamora is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Metamora, OH

How much do homes in Metamora, OH cost?

Median Sold Price

$188,950

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$68,050(-26.5%)

Key Takeaway

Homes in Metamora have sold for 26.5% less than they did a year ago.

Summary: The median home sold price in Metamora was $188,950 in November 2024, down 26.5% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $56.1K$185K
+229.8%
3 $218.5K$162.4K
-25.7%
4 $360.5K$349.5K
-3.1%
5+ $585K$250K
-57.3%

Summary: Metamora housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 229.8%, 3 bedroom homes decreased by 25.7%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 57.3%.

Median Sold Price Compared To Nearby Cities

Metamora
-26.5%
Amboy Township
-40.9%

Housing Supply in Metamora, OH

How many homes are available in Metamora, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
12+100.0%

Summary: The Metamora real estate market had 2 homes for sale in November 2024, a 100.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Metamora 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Metamora, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Metamora in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Metamora, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days54 Days+96.4%

Summary: Homes in Metamora had an average of 54 days on market in Nov 2024, up by 96.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 Metamora has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Metamora; 0% of homes were sold within 30 days, 100% 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 21 Days Ago

Newest Listings in Metamora, OH

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