Mark W Gepperth, Listing Office: Keller Williams Citywide
Medina City Township Housing Market Report December 2024•Medina County, Ohio
Housing Prices in Medina City Township, OH
How much do homes in Medina City Township, OH cost?
Housing Market Conditions
Is Medina City Township, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Medina City Township is a Seller's Market
Difference Since December 2023
Since last year, Medina City Township has remained a Seller's Market.
Medina City Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Medina City Township have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Medina City Township was $289,950 in December 2024, up 16.4% from last year, and the median price per square foot was $144.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Medina City Township | $249K | $289.9K | +16.4% |
York Township | $383.9K | $435.5K | +13.4% |
Medina | $335K | $351.2K | +4.9% |
Medina Township | $335K | $350.5K | +4.6% |
Montville Township | $438K | $451.2K | +3.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $172K | $200.2K | +16.4% |
33 Bedrooms | $238K | $274.9K | +15.5% |
44 Bedrooms | $317.9K | $342.7K | +7.8% |
55+ Bedrooms | $392.5K | $440K | +12.1% |
Summary: Medina City Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +16.4%. The home price for 3 bedroom homes increased by +15.5%. The home price for 4 bedroom homes increased by +7.8%. The home price for 5 bedroom homes increased by +12.1%.
Housing supply in Medina City Township, OH
How many homes are available in Medina City Township, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthDec 2024 | ||
622 months agoNov 2024 | -6.5 % Change MoMNov – Dec |
Summary: The Medina City Township real estate market had 58 homes for sale in Dec 2024, a 6.5 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
18Last MonthDec 2024 | ||
172 months agoNov 2024 | +5.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 7 | 4 | -42.9% |
33 Bedrooms | 19 | 20 | +5.3% |
44 Bedrooms | 27 | 26 | -3.7% |
55+ Bedrooms | 9 | 8 | -11.1% |
Summary: Medina City Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -42.9%. The inventory for 3 bedroom homes increased by +5.3%. The inventory for 4 bedroom homes decreased by -3.7%. The inventory for 5 bedroom homes decreased by -11.1%.
Asking Price vs. Sold Price
How much do homes in Medina City Township, OH cost?
Over Asking Price3 Homes
At Asking Price2 Homes
Under Asking Price13 Homes
If you're buying a home in Medina City Township, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Medina City Township in December 2024, up by 5.9% month-over-month. Of the 18 sold homes, 72% were sold under asking, 11% were sold at asking, and and 17% were sold over asking.
Days on Market for Medina City Township, OH
How long does it take to sell a home in Medina City Township, OH?
Breakdown of Home Sale Times
Under 30 Days9 Homes
30 – 90 Days8 Homes
Over 90 Days1 Home
Many homes in Medina City Township are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 18 homes were sold in Medina City Township; 50% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
35 DaysThis YearDec 2024 | ||
37 Days1 year agoDec 2023 | -4.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Medina City Township had an average listing age of 35 days in Dec 2024, down by 4.2% compared to the previous year.
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Newest Listings in Medina City Township, OH
What homes are available in Medina City Township, OH?
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MLS Disclaimers and Copyright
Based on information from MLS Now, and Firelands MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.