Is Munson Township, 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, Munson Township has remained a Seller's Market.
Housing Prices in Munson Township, OH
How much do homes in Munson Township, OH cost?
Median Sold Price
$367,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Munson Township was $367,000 in April 2024, down 0.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $316.5K | $299K | -5.5% |
3 Bedrooms | $316K | $357.5K | +13.1% |
4 Bedrooms | $379.2K | $400K | +5.5% |
5+ Bedrooms | $665K | $382.5K | -42.5% |
Summary: Munson Township 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 decreased by 5.5%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 42.5%.
Median Sold Price Compared To Nearby Cities
Chesterland | $325K | $335.5K | +3.2% |
Munson Township | $370K | $367K | -0.8% |
Chardon Township | $320K | $317K | -0.9% |
Chardon | $318.2K | $315K | -1.0% |
Newbury | $272K | $250.5K | -7.9% |
Housing Supply in Munson Township, OH
How many homes are available in Munson Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Munson Township real estate market had 15 homes for sale in April 2024, a 25.0% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 4 | 4 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Munson Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Munson Township in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
79 Days | 39 Days | -50.6% |
Summary: Homes in Munson Township had an average of 39 days on market in Apr 2024, down by 50.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Munson Township; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.