$4,216 Closing Credit*
$355,000
2,446 SqFt
4 Beds
•2 Full Baths
Kelli A Jenkins, Listing Office: Century 21 Bolte Real Estate - Catawba
Is Hopewell Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Hopewell Township has remained a Seller's Market.
Key Takeaway
Hopewell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hopewell Township, OH
How much do homes in Hopewell Township, OH cost?
Median Sold Price
$238,750
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$26,250(-9.9%)
Key Takeaway
Homes in Hopewell Township have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in Hopewell Township was $238,750 in August 2024, down 9.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $115K | - | N/A |
| 2 Bedrooms | $250K | $88.5K | -64.6% |
| 3 Bedrooms | $265K | $235K | -11.3% |
| 4 Bedrooms | $333K | $337.5K | +1.4% |
| 5+ Bedrooms | - | $365K | N/A |
Summary: Hopewell Township housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 64.6%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tiffin | $154K | $174.2K | +13.1% |
| Clinton Township | $235.7K | $265K | +12.4% |
| Hopewell Township | $265K | $238.7K | -9.9% |
| Liberty Township | $175K | $135.9K | -22.3% |
Housing Supply in Hopewell Township, OH
How many homes are available in Hopewell Township, OH?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Hopewell Township real estate market had 9 homes for sale in August 2024, a 12.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hopewell Township housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hopewell Township, 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 Hopewell Township in August 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Hopewell Township, OH
How long does it take to sell a home in Hopewell Township, OH?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 53 Days | 63 Days | +19.1% |
Summary: Homes in Hopewell Township had an average of 63 days on market in Aug 2024, up by 19.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hopewell Township are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Hopewell Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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