Is Hopewell Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hopewell Township has remained a Seller's Market.
Housing Prices in Hopewell Township, OH
How much do homes in Hopewell Township, OH cost?
Median Sold Price
$280,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hopewell Township was $280,000 in May 2024, down 0.7% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | - | N/A |
2 Bedrooms | $224K | $55K | -75.4% |
3 Bedrooms | $246.2K | $233.2K | -5.3% |
4 Bedrooms | $407.5K | $372K | -8.7% |
5+ Bedrooms | $657.5K | $859K | +30.6% |
Summary: Hopewell 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 decreased by 75.4%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 30.6%.
Median Sold Price Compared To Nearby Cities
Mount Perry | $263.2K | $313.5K | +19.1% |
Hopewell Township | $282K | $280K | -0.7% |
Housing Supply in Hopewell Township, OH
How many homes are available in Hopewell Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Summary: The Hopewell Township real estate market had 14 homes for sale in May 2024, a 7.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hopewell Township housing inventory by bedroom type for May 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 remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Hopewell Township in May 2024, up by 500.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Hopewell Township, OH
How long does it take to sell a home in Hopewell Township, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 34 Days | +88.9% |
Summary: Homes in Hopewell Township had an average of 34 days on market in May 2024, up by 88.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Hopewell Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.