Is Hancock County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hancock County has remained a Seller's Market.
Key Takeaway
Hancock County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hancock County, OH
How much do homes in Hancock County, OH cost?
Median Sold Price
$218,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Hancock County has remained the same since last year.
Summary: The median home sold price in Hancock County was $218,000 in March 2024, up 0.5% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $72.5K | -14.7% |
| 2 Bedrooms | $149.9K | $149.9K | 0.0% |
| 3 Bedrooms | $204.3K | $209.5K | +2.5% |
| 4 Bedrooms | $275K | $302.5K | +10.0% |
| 5+ Bedrooms | $467.5K | $410K | -12.3% |
Summary: Hancock County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.7%, 2 bedroom homes did not change, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Counties
| Wood County | $243.2K | $260K | +6.9% |
| Hancock County | $217K | $218K | 0.5% |
| Wyandot County | $159K | $159K | 0.0% |
| Hardin County | $160K | $159.9K | -0.1% |
| Putnam County | $190K | $180K | -5.3% |
Housing Supply in Hancock County, OH
How many homes are available in Hancock County, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 165 | 176 | +6.7% |
Summary: The Hancock County real estate market had 176 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 27 | +8.0% |
| 3 Bedrooms | 87 | 86 | -1.1% |
| 4 Bedrooms | 36 | 46 | +27.8% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The Hancock County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 49 | +14.0% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hancock County, you may be able to get a good deal. 61.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in Hancock County in March 2024, up by 14.0% month-over-month. Of the 49 sold homes, 61% were sold under asking, 16% were sold at asking, and 22% were sold over asking.
Days on Market for Hancock County, OH
How long does it take to sell a home in Hancock County, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 87 Days | +19.0% |
Summary: Homes in Hancock County had an average of 87 days on market in Mar 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hancock County has remained consistent over time.
Summary: During March 2024, 49 homes were sold in Hancock County; 14% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
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. 
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.