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 seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Monclova Township, OH

How much do homes in Monclova Township, OH cost?

Median Sold Price

$408,702

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,252(+8.0%)

Key Takeaway

Homes in Monclova Township have sold for 8% more than they did a year ago.

Summary: The median home sold price in Monclova Township was $408,702 in October 2024, up 8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $147.7K$201.5K
+36.4%
2 $285K$291K
+2.1%
3 $342.5K$379.1K
+10.7%
4 $435K$497K
+14.3%
5+ $590K$524K
-11.2%

Summary: Monclova Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 11.2%.

Median Sold Price Compared To Nearby Cities

Whitehouse
+14.3%
Monclova Township
+8.0%
Maumee
+7.1%
Monclova
+2.3%
Springfield Township
+1.9%

Housing Supply in Monclova Township, OH

How many homes are available in Monclova Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7669-9.2%

Summary: The Monclova Township real estate market had 69 homes for sale in October 2024, a 9.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 79
+28.6%
3 3530
-14.3%
4 2522
-12.0%
5+ 87
-12.5%

Summary: The Monclova Township 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 increased by 28.6%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Monclova Township, you may be able to get a good deal. 35% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Monclova Township in October 2024, down by 13.0% month-over-month. Of the 20 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% 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

Oct 2023Oct 2024CHANGE
80 Days101 Days+25.4%

Summary: Homes in Monclova Township had an average of 101 days on market in Oct 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 20 homes were sold in Monclova Township; 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 17 Days Ago

Newest Listings in Monclova Township, OH

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What housing markets are near Monclova Township, OH?