Mechanicsburg Housing Market Report February 2025•Champaign County, Ohio

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Housing Prices in Mechanicsburg, OH

How much do homes in Mechanicsburg, OH cost?

Housing Market Conditions

Is Mechanicsburg, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Mechanicsburg is a Neutral Market

Difference Since February 2024

Since last year, Mechanicsburg has remained a Neutral Market.

Insight

Mechanicsburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$255,000$156/SqFt
+$26,000
+11.4%

Based on all homes sold in the last 12 months

Insight

Homes in Mechanicsburg have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Mechanicsburg was $255,000 in February 2025, up 11.4% from last year, and the median price per square foot was $156.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Mechanicsburg
+11.4%
Goshen Township
+7.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$60K
N/A
2$174.6K$70K
-59.9%
3$225K$253K
+12.4%
4$229K$265K
+15.7%
5$360K$339K
-5.8%

Summary: Mechanicsburg housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -59.9%. The home price for 3 bedroom homes increased by +12.4%. The home price for 4 bedroom homes increased by +15.7%. The home price for 5 bedroom homes decreased by -5.8%.

How does Mechanicsburg, OH compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Mechanicsburg, OH

Housing supply in Mechanicsburg, OH

How many homes are available in Mechanicsburg, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthFeb 2025
92 months agoJan 2025
-22.2 %
Change MoMJan – Feb

Summary: The Mechanicsburg real estate market had 7 homes for sale in Feb 2025, a 22.2 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
1Last MonthFeb 2025
62 months agoJan 2025
-83.3 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
212
+100.0%
363
-50.0%
422
0.0%
500
0.0%

Summary: Mechanicsburg housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Mechanicsburg, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Mechanicsburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mechanicsburg in February 2025, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Mechanicsburg, OH

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

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

Summary: During February 2025, 1 homes were sold in Mechanicsburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
12 DaysThis YearFeb 2025
46 Days1 year agoFeb 2024
-73.9 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Mechanicsburg had an average listing age of 12 days in Feb 2025, down by 73.9% compared to the previous year.

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Newest Listings in Mechanicsburg, OH

What homes are available in Mechanicsburg, OH?

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MLS Disclaimers and Copyright

Based on information from Columbus and Central Ohio Regional MLS, and Western Regional Information Systems and Technology Inc. for the period 03/01/2023 - 03/01/2025

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Information is provided by Western Regional Information Systems and Technology, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Western Regional Information Systems and Technology, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 7:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.