$4,393 Closing Credit*
$369,900
2,757 SqFt
3 Beds
•2 Full Baths
Jennifer L Allen, Listing Office: Keller Williams Greater Cleveland Northeast
Is Montville Township, 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, Montville Township has remained a Seller's Market.
Key Takeaway
Montville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montville Township, OH
How much do homes in Montville Township, OH cost?
Median Sold Price
$451,250
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$13,750(-3.0%)
Key Takeaway
Homes in Montville Township have sold for 3% less than they did a year ago.
Summary: The median home sold price in Montville Township was $451,250 in October 2024, down 3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $300K | $250K | -16.7% |
| 3 Bedrooms | $377.6K | $383K | +1.4% |
| 4 Bedrooms | $530.4K | $487.3K | -8.1% |
| 5+ Bedrooms | $670K | $614K | -8.4% |
Summary: Montville Township 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 decreased by 16.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes decreased by 8.4%.
Median Sold Price Compared To Nearby Cities
| Medina City Township | $245K | $286.6K | +17.0% |
| Medina | $334.1K | $349K | +4.5% |
| Medina Township | $334.3K | $348.5K | +4.2% |
| Sharon Township | $525K | $537.4K | +2.4% |
| Montville Township | $465K | $451.2K | -3.0% |
Housing Supply in Montville Township, OH
How many homes are available in Montville Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 56 | -5.1% |
Summary: The Montville Township real estate market had 56 homes for sale in October 2024, a 5.1% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 21 | 19 | -9.5% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Montville 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 20%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Montville Township, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Montville Township in October 2024, the same as the previous month. Of the 14 sold homes, 64% were sold under asking, 29% were sold at asking, and 7% were sold over asking.
Days on Market for Montville Township, OH
How long does it take to sell a home in Montville Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 51 Days | +156.8% |
Summary: Homes in Montville Township had an average of 51 days on market in Oct 2024, up by 156.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montville Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in Montville Township; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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