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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monclova is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Monclova, OH

How much do homes in Monclova, OH cost?

Median Sold Price

$408,950

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,100(+2.3%)

Key Takeaway

Homes in Monclova have sold for 2.3% more than they did a year ago.

Summary: The median home sold price in Monclova was $408,950 in October 2024, up 2.3% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$201.5K
N/A
2 -$190K
N/A
3 $372.3K$392.7K
+5.5%
4 $512.5K$505K
-1.5%
5+ $655K$790K
+20.6%

Summary: Monclova 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 did not change, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 20.6%.

Median Sold Price Compared To Nearby Cities

Spencer Township
+16.8%
Whitehouse
+14.3%
Monclova Township
+8.0%
Monclova
+2.3%
Springfield Township
+1.9%

Housing Supply in Monclova, OH

How many homes are available in Monclova, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2623-11.5%

Summary: The Monclova real estate market had 23 homes for sale in October 2024, a 11.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 1715
-11.8%
4 33
0.0%
5+ 43
-25.0%

Summary: The Monclova 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 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monclova, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Monclova in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 30% were sold at asking, and 40% were sold over asking.

Days on Market for Monclova, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
126 Days117 Days-7.5%

Summary: Homes in Monclova had an average of 117 days on market in Oct 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Monclova has remained consistent over time.

Summary: During October 2024, 10 homes were sold in Monclova; 20% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 30% 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 20 Days Ago

Newest Listings in Monclova, OH

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