Is Hocking Township, 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, Hocking Township was a Seller's Market.
Key Takeaway
Hocking Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hocking Township, OH
How much do homes in Hocking Township, OH cost?
Median Sold Price
$325,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hocking Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Hocking Township was $325,000 in May 2024, up 4.8% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.4K | $217.5K | +26.1% |
| 3 Bedrooms | $280K | $319.9K | +14.2% |
| 4 Bedrooms | $379.9K | $460K | +21.1% |
| 5+ Bedrooms | $572.5K | $336.2K | -41.3% |
Summary: Hocking Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 41.3%.
Median Sold Price Compared To Nearby Cities
| Lancaster | $205K | $239.9K | +17.1% |
| Lancaster City Township | $194.8K | $215K | +10.4% |
| Hocking Township | $310K | $325K | +4.8% |
| Berne Township | $203.5K | $210K | +3.2% |
| Greenfield Township | $300K | $290K | -3.3% |
Housing Supply in Hocking Township, OH
How many homes are available in Hocking Township, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Hocking Township real estate market had 9 homes for sale in May 2024, a 28.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hocking Township 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hocking Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hocking Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hocking Township, OH
How long does it take to sell a home in Hocking Township, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 3 Days | 3 Days | 0.0% |
Summary: Homes in Hocking Township had an average of 3 days on market in May 2024, the same as last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hocking Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in Hocking Township; 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.
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.