$1,752 Closing Credit*
$147,500
3,289 SqFt
5 Beds
•2 Full Baths
Laci Quillin, Listing Office: Willis Group Realty LLC
Is Mineral City, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Mineral City was a Buyer's Market.
Key Takeaway
Mineral City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mineral City, OH
How much do homes in Mineral City, OH cost?
Median Sold Price
$212,500
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$50,050(+30.8%)
Key Takeaway
Homes in Mineral City have sold for 30.8% more than they did a year ago.
Summary: The median home sold price in Mineral City was $212,500 in November 2024, up 30.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $174.9K | $100K | -42.8% |
| 3 Bedrooms | $179.9K | $226.2K | +25.7% |
| 4 Bedrooms | $54.9K | $270K | +391.8% |
| 5+ Bedrooms | $456K | $332.7K | -27.0% |
Summary: Mineral City 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 decreased by 42.8%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 391.8%, and 5+ bedroom homes decreased by 27%.
Median Sold Price Compared To Nearby Cities
| Sandy Township | $118K | $172.7K | +46.4% |
| Mineral City | $162.4K | $212.5K | +30.8% |
Housing Supply in Mineral City, OH
How many homes are available in Mineral City, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Summary: The Mineral City real estate market had 6 homes for sale in November 2024, a 50.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 7 | 2 | -71.4% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mineral City 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 decreased by 25%, 3 bedroom homes decreased by 71.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral City, 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 Mineral City in November 2024, down by 66.7% 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 Mineral City, OH
How long does it take to sell a home in Mineral City, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 190 Days | +288.8% |
Summary: Homes in Mineral City had an average of 190 days on market in Nov 2024, up by 288.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mineral City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Mineral City; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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