Property prices for sale in Medina (Ohio)

The prices in real estate in Medina, in the Ohio region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$431,848.5
Average price last 6 months
$164.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Medina has fallen in the last 6 months. In August, the average price per sq.feet was $178. In September this price pretty much remained the same at a value of $177 per sq.feet. The price for the following two months in (October, November) decreased 89 % with regard to the prior two months. The price per sq.feet has decreased 94 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $168 to $158.5 during December, and January.

Average price

Based upon to the price in Medina (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $489,945. In September This price remains at $503,384. During the following two months (October, November) the average price fell 85 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $460,415.75 to $374,714, which means a 81 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $379,393 they are 69 % more affordable than the average price for Medina. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $267,610.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $92 / sq.feet, with an average $157 / sq.feet price in Medina. The properties with the highest average prices have 4 bedrooms. They are 2080 % more expensive than the average followed by properties with 3 bedrooms with a price at $854 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $379,393 it is 63 % cheaper than the average price in Medina. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Townhouse". At a price of $295,318 it is 14 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $66 / sq.feet followed by "Condo" priced at $71 / sq.feet. "Apartment" is the most costly type of property with a $2,105 / sq.feet cost followed by "House" with an average price of $431 / sq.feet.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Medina
Number of properties used in region Ohio
$379,393
$157
2,156
396,382
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value