$4,691 Closing Credit*
$395,000
3 Beds
•1 Full Bath, 1 Partial
Marcy A Capadona, Listing Office: Coldwell Banker Schmidt Realty
Is Munson Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Munson Township has remained a Seller's Market.
Key Takeaway
Munson Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Munson Township, OH
How much do homes in Munson Township, OH cost?
Median Sold Price
$400,000
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+8.1%)
Key Takeaway
Homes in Munson Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Munson Township was $400,000 in November 2024, up 8.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $299K | $228.5K | -23.6% |
| 3 Bedrooms | $341.5K | $357.5K | +4.7% |
| 4 Bedrooms | $380K | $452.5K | +19.1% |
| 5+ Bedrooms | $487.5K | $535K | +9.7% |
Summary: Munson Township 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 decreased by 23.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
| Newbury | $268K | $300K | +11.9% |
| Munson Township | $370K | $400K | +8.1% |
| Chardon Township | $315.5K | $331.2K | +5.0% |
| Chardon | $315K | $327.5K | +4.0% |
| Chesterland | $325K | $330K | +1.5% |
Housing Supply in Munson Township, OH
How many homes are available in Munson Township, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Munson Township real estate market had 23 homes for sale in November 2024, a 8.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Munson Township 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Munson Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Munson Township in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Munson Township, OH
How long does it take to sell a home in Munson Township, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 57 Days | 58 Days | +1.3% |
Summary: Homes in Munson Township had an average of 58 days on market in Nov 2024, up by 1.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Munson Township has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Munson Township; 0% of homes were sold within 30 days, 83% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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