$2,019 Closing Credit*
$170,000
1,728 SqFt
3 Beds
•2 Full Baths
Treva P Ziemke, Listing Office: Tanner Real Estate Co.
Is Minerva, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Minerva has remained a Seller's Market.
Key Takeaway
Minerva is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minerva, OH
How much do homes in Minerva, OH cost?
Median Sold Price
$160,000
$102/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Minerva has remained the same since last year.
Summary: The median home sold price in Minerva was $160,000 in October 2024, the same as last year, and the median price per square foot was $102.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $500K | N/A |
| 2 Bedrooms | $107.2K | $125K | +16.6% |
| 3 Bedrooms | $167K | $165K | -1.2% |
| 4 Bedrooms | $165K | $190K | +15.2% |
| 5+ Bedrooms | $190K | $235K | +23.7% |
Summary: Minerva housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.6%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 23.7%.
Median Sold Price Compared To Nearby Cities
| Minerva | $160K | $164.9K | +3.1% |
| Paris Township | $160K | $164.9K | +3.1% |
| Minerva | $160K | $160K | 0.0% |
Housing Supply in Minerva, OH
How many homes are available in Minerva, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 21 | -34.4% |
Summary: The Minerva real estate market had 21 homes for sale in October 2024, a 34.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 21 | 13 | -38.1% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Minerva 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 remained the same, 3 bedroom homes decreased by 38.1%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minerva, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Minerva in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Minerva, OH
How long does it take to sell a home in Minerva, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 42 Days | +45.4% |
Summary: Homes in Minerva had an average of 42 days on market in Oct 2024, up by 45.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Minerva are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Minerva; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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