$10,000 Closing Credit*
$849,900
4 Beds
•2 Full Baths, 1 Partial
Ronald W Whitney, Listing Office: Russell Real Estate Services
Is Hinckley, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226K | $335K | +48.2% |
| 3 Bedrooms | $350.5K | $346.5K | -1.1% |
| 4 Bedrooms | $490K | $540K | +10.2% |
| 5+ Bedrooms | $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 | $275K | $301.5K | +9.7% |
| North Royalton | $282.5K | $300K | +6.2% |
| Hinckley | $475K | $479.9K | +1.0% |
| Hinckley Township | $475K | $479.9K | +1.0% |
| Brunswick Hills Township | $349.9K | $332K | -5.1% |
Housing Supply in Hinckley, OH
How many homes are available in Hinckley, OH?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -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
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 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 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +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
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 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 87 Days | 32 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
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.
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