Is Hiram Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hiram Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Hiram Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Hiram Township, OH

How much do homes in Hiram Township, OH cost?

Median Sold Price

$392,500

$171/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$102,500(+35.3%)

Key Takeaway

Homes in Hiram Township have sold for 35.3% more than they did a month ago.

Summary: The median home sold price in Hiram Township was $392,500 in February 2024, up 35.3% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $290K$516K
+77.9%
4 -$269K
N/A
5+ --
N/A

Summary: Hiram Township housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 77.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hiram
+77.9%
Hiram Township
+35.3%
Mantua Township
-3.8%
Troy Township
-26.8%

Housing Supply in Hiram Township, OH

How many homes are available in Hiram Township, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
810+25.0%

Summary: The Hiram Township real estate market had 10 homes for sale in February 2024, a 25.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 77
0.0%
4 11
0.0%
5+ 02
+100.0%

Summary: The Hiram Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hiram Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hiram Township in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hiram Township, OH

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

Average Sale Time

Jan 2024Feb 2024CHANGE
5 Days48 Days+860.0%

Summary: Homes in Hiram Township had an average of 48 days on market in Feb 2024, up by 860% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Hiram Township; 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 27 Days Ago

Newest Listings in Hiram Township, OH

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