Is Hancock County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hancock County is a neutral's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Hancock County was a Seller's Market.

Key Takeaway

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

How much do homes in Hancock County, OH cost?

Median Sold Price

$215,714

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$11,086(+5.4%)

Key Takeaway

Homes in Hancock County have sold for 5.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $77.2K$90K
+16.6%
2 $130K$141.5K
+8.8%
3 $194.4K$200.1K
+2.9%
4 $300K$275K
-8.3%
5+ $391.5K$457.2K
+16.8%

Median Sold Price Compared To Nearby Counties

Hardin County
+14.7%
Hancock County
+5.4%
Wood County
+4.3%
Wyandot County
+3.9%

How many homes are available in Hancock County, OH?

Number of Homes For Sale

Dec 2022Jan 2023%
172160-7.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 1722
+29.4%
3 9587
-8.4%
4 5039
-22.0%
5+ 1012
+20.0%

Number of Homes Sold

Dec 2022Jan 2023%
5726-54.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hancock County, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
77 Days80 Days+4.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hancock County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hancock County, OH

There are 160 homes are for sale in Hancock County, OH real estate market. Between December 2022 and January 2023, Hancock County, OH real estate market has seen decrease in the number of listings by 7%. In January 2023, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $215,714. Between December 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 16.6%, prices of 2 bedrooms properties went up by 8.8%, prices of 3 bedrooms properties increased by 2.9%, 4 bedrooms properties prices decreased by 8.3%, prices of 5 bedrooms properties increased by 16.8%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes increased by 29.4%, 3 bedrooms homes became 8.4% less available, number of 4 bedrooms homes decreased by 22%, 5 bedrooms homes inventory increased by 20%. In January 2023, from all listings sold in Hancock County, OH there were more than 6 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price.

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