Is McConnelsville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, McConnelsville was a Seller's Market.
Housing Prices in McConnelsville, OH
How much do homes in McConnelsville, OH cost?
Median Sold Price
$181,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in McConnelsville was $181,000 in May 2024, up 2.8% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59K | $10K | -83.1% |
2 Bedrooms | $169.4K | $127K | -25.0% |
3 Bedrooms | $195K | $181.5K | -6.9% |
4 Bedrooms | $140K | $205K | +46.4% |
5+ Bedrooms | $256K | $265K | +3.5% |
Summary: McConnelsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 83.1%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 46.4%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Cities
Morgan Township | $184K | $192.4K | +4.6% |
McConnelsville | $176K | $181K | +2.8% |
Housing Supply in McConnelsville, OH
How many homes are available in McConnelsville, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Summary: The McConnelsville real estate market had 17 homes for sale in May 2024, a 41.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The McConnelsville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 300%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in McConnelsville in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for McConnelsville, OH
How long does it take to sell a home in McConnelsville, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
79 Days | 72 Days | -9.4% |
Summary: Homes in McConnelsville had an average of 72 days on market in May 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in McConnelsville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.