Is Hebron, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hebron was a Buyer's Market.
Key Takeaway
Hebron is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hebron, OH
How much do homes in Hebron, OH cost?
Median Sold Price
$356,700
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hebron have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Hebron was $356,700 in March 2024, up 18.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $378.3K | - | N/A |
| 2 Bedrooms | $195K | $382.3K | +96.1% |
| 3 Bedrooms | $274K | $297.4K | +8.6% |
| 4 Bedrooms | $352.3K | $389.6K | +10.6% |
| 5+ Bedrooms | $434.9K | $455.2K | +4.7% |
Summary: Hebron housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Hebron | $299.9K | $356.7K | +18.9% |
| Union Township | $267.5K | $313K | +17.0% |
Housing Supply in Hebron, OH
How many homes are available in Hebron, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 35 | +2.9% |
Summary: The Hebron real estate market had 35 homes for sale in March 2024, a 2.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hebron 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 remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hebron, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hebron in March 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Hebron, OH
How long does it take to sell a home in Hebron, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 4 Days | 70 Days | +1463.9% |
Summary: Homes in Hebron had an average of 70 days on market in Mar 2024, up by 1463.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Hebron are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 8 homes were sold in Hebron; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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.