Is Hinckley, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hinckley is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Hinckley has remained a Seller's Market.

Key Takeaway

Hinckley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hinckley, OH

How much do homes in Hinckley, OH cost?

Median Sold Price

$479,900

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,900(+1.0%)

Key Takeaway

Homes in Hinckley have sold for 1% more than they did a year ago.

Summary: The median home sold price in Hinckley was $479,900 in September 2024, up 1% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $226K$335K
+48.2%
3 $350.5K$346.5K
-1.1%
4 $490K$540K
+10.2%
5+ $580.5K$720K
+24.0%

Summary: Hinckley housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 48.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 24%.

Median Sold Price Compared To Nearby Cities

Brunswick
+9.7%
North Royalton
+6.2%
Hinckley
+1.0%
Hinckley Township
+1.0%
Brunswick Hills Township
-5.1%

Housing Supply in Hinckley, OH

How many homes are available in Hinckley, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2624-7.7%

Summary: The Hinckley real estate market had 24 homes for sale in September 2024, a 7.7% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 98
-11.1%
4 1111
0.0%
5+ 44
0.0%

Summary: The Hinckley 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 decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hinckley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Hinckley in September 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for Hinckley, OH

How long does it take to sell a home in Hinckley, OH?

Average Sale Time

Sep 2023Sep 2024CHANGE
87 Days32 Days-62.7%

Summary: Homes in Hinckley had an average of 32 days on market in Sep 2024, down by 62.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hinckley are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 8 homes were sold in Hinckley; 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.

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

Report Updated 30 Days Ago

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