Is Mason, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mason has remained a Seller's Market.
Key Takeaway
Mason is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mason, OH
How much do homes in Mason, OH cost?
Median Sold Price
$431,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mason have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Mason was $431,000 in April 2024, down 1.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $297.5K | +26.6% |
| 3 Bedrooms | $297.5K | $352.4K | +18.5% |
| 4 Bedrooms | $570K | $560K | -1.8% |
| 5+ Bedrooms | $839.8K | $738.2K | -12.1% |
Summary: Mason housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 12.1%.
Median Sold Price Compared To Nearby Cities
| Union Township | $270K | $310K | +14.8% |
| Mason | $438.7K | $431K | -1.8% |
Housing Supply in Mason, OH
How many homes are available in Mason, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Mason real estate market had 50 homes for sale in April 2024, a 16.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 19 | 19 | 0.0% |
| 5+ Bedrooms | 1 | 6 | +500.0% |
Summary: The Mason housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 500%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mason, you could pay more than the asking price. 55% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Mason in April 2024, up by 53.8% month-over-month. Of the 20 sold homes, 25% were sold under asking, 20% were sold at asking, and 55% were sold over asking.
Days on Market for Mason, OH
How long does it take to sell a home in Mason, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 79 Days | 34 Days | -56.5% |
Summary: Homes in Mason had an average of 34 days on market in Apr 2024, down by 56.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mason are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 20 homes were sold in Mason; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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