$1,780 Closing Credit*
$149,900
2,714 SqFt
5 Beds
•2 Full Baths
Robyn R Clark, Listing Office: Cutler Real Estate
Is Minerva, 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, Minerva was a Seller's Market.
Key Takeaway
Minerva is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Minerva, OH
How much do homes in Minerva, OH cost?
Median Sold Price
$154,750
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$15,150(-8.9%)
Key Takeaway
Homes in Minerva have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in Minerva was $154,750 in November 2024, down 8.9% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $500K | N/A |
| 2 Bedrooms | $110K | $122.5K | +11.4% |
| 3 Bedrooms | $172K | $164.9K | -4.1% |
| 4 Bedrooms | $175K | $190K | +8.6% |
| 5+ Bedrooms | $202.5K | $225K | +11.1% |
Summary: Minerva 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 11.4%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| West Township | $212.5K | $213.5K | 0.5% |
| Paris Township | $166K | $164.9K | -0.6% |
| Minerva | $169.9K | $162.4K | -4.4% |
| Minerva | $169.9K | $154.7K | -8.9% |
Housing Supply in Minerva, OH
How many homes are available in Minerva, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 18 | -14.3% |
Summary: The Minerva real estate market had 18 homes for sale in November 2024, a 14.3% 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 | 3 | 6 | +100.0% |
| 3 Bedrooms | 14 | 9 | -35.7% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Minerva 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 100%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was 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 3 homes were sold or pending in Minerva in November 2024, down by 62.5% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 32 Days | +2.2% |
Summary: Homes in Minerva had an average of 32 days on market in Nov 2024, up by 2.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Minerva are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Minerva; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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