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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mecca Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Mecca Township, OH

How much do homes in Mecca Township, OH cost?

Median Sold Price

$195,000

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$35,000(+21.9%)

Key Takeaway

Homes in Mecca Township have sold for 21.9% more than they did a year ago.

Summary: The median home sold price in Mecca Township was $195,000 in May 2024, up 21.9% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $35K-
N/A
2 $200K$101K
-49.5%
3 $121.5K$195K
+60.5%
4 $295K$265K
-10.2%
5+ --
N/A

Summary: Mecca Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 49.5%, 3 bedroom homes increased by 60.5%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mecca Township
+21.9%
Bristolville
+3.0%
Cortland
+2.9%
Bazetta Township
-4.3%

Housing Supply in Mecca Township, OH

How many homes are available in Mecca Township, OH?

Number of Homes For Sale

Apr 2024May 2024CHANGE
660.0%

Summary: The Mecca Township real estate market had 6 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Mecca Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mecca Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mecca Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mecca Township, OH

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mecca Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Mecca Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 3 Days Ago

Newest Listings in Mecca Township, OH

Nearby Markets to Mecca Township, OH

What housing markets are near Mecca Township, OH?