Is Mineral City, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mineral City is a 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

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $174.9K$100K
-42.8%
3 $179.9K$226.2K
+25.7%
4 $54.9K$270K
+391.8%
5+ $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
+46.4%
Mineral City
+30.8%

Housing Supply in Mineral City, OH

How many homes are available in Mineral City, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
126-50.0%

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

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 72
-71.4%
4 00
0.0%
5+ 11
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 2024Nov 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Nov 2024CHANGE
49 Days190 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

Breakdown of Home Sale Times

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.

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 Mineral City, OH

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