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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Monclova Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Monclova Township was a Seller's Market.

Key Takeaway

Monclova Township 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 Monclova Township, OH

How much do homes in Monclova Township, OH cost?

Median Sold Price

$410,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,897(+8.2%)

Key Takeaway

Homes in Monclova Township have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Monclova Township was $410,000 in November 2024, up 8.2% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $147.7K$201.5K
+36.4%
2 $285K$292K
+2.5%
3 $356.7K$377.6K
+5.9%
4 $441.5K$496.2K
+12.4%
5+ $590K$524K
-11.2%

Summary: Monclova Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Cities

Whitehouse
+12.7%
Monclova Township
+8.2%
Maumee
+6.7%
Monclova
+6.3%
Springfield Township
+3.3%

Housing Supply in Monclova Township, OH

How many homes are available in Monclova Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6159-3.3%

Summary: The Monclova Township real estate market had 59 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 3024
-20.0%
4 1719
+11.8%
5+ 56
+20.0%

Summary: The Monclova Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
219-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monclova Township, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in Monclova Township in November 2024, down by 57.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.

Days on Market for Monclova Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
81 Days105 Days+30.1%

Summary: Homes in Monclova Township had an average of 105 days on market in Nov 2024, up by 30.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 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 Township has remained consistent over time.

Summary: During November 2024, 9 homes were sold in Monclova Township; 22% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 33% 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 17 Days Ago

Newest Listings in Monclova Township, OH

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What housing markets are near Monclova Township, OH?