$1,514 Closing Credit*
$127,500
1,198 SqFt
2 Beds
•1 Full Bath
Kathy Hendricks, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Is Hanoverton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Hanoverton was a Seller's Market.
Key Takeaway
Hanoverton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Hanoverton, OH
How much do homes in Hanoverton, OH cost?
Median Sold Price
$235,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$65,050(+38.3%)
Key Takeaway
Homes in Hanoverton have sold for 38.3% more than they did a year ago.
Summary: The median home sold price in Hanoverton was $235,000 in September 2024, up 38.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158K | $165K | +4.4% |
| 2 Bedrooms | $150K | $65K | -56.7% |
| 3 Bedrooms | $189.9K | $235K | +23.7% |
| 4 Bedrooms | $275K | $357.5K | +30.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hanoverton housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes decreased by 56.7%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hanoverton | $169.9K | $235K | +38.3% |
| Hanover Township | $170K | $198.5K | +16.8% |
Housing Supply in Hanoverton, OH
How many homes are available in Hanoverton, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Hanoverton real estate market had 12 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hanoverton housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hanoverton, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hanoverton in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hanoverton, OH
How long does it take to sell a home in Hanoverton, OH?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 69 Days | 25 Days | -63.3% |
Summary: Homes in Hanoverton had an average of 25 days on market in Sep 2024, down by 63.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hanoverton are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Hanoverton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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