Is Hubbard, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Hubbard has remained a Seller's Market.
Key Takeaway
Hubbard is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hubbard, OH
How much do homes in Hubbard, OH cost?
Median Sold Price
$159,500
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hubbard have sold for 12.3% more than they did a year ago.
Summary: The median home sold price in Hubbard was $159,500 in March 2024, up 12.3% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $110K | $149.9K | +36.3% |
| 3 Bedrooms | $142.3K | $149.9K | +5.3% |
| 4 Bedrooms | $180.5K | $270K | +49.6% |
| 5+ Bedrooms | $173.2K | $285K | +64.5% |
Summary: Hubbard 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 36.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 49.6%, and 5+ bedroom homes increased by 64.5%.
Median Sold Price Compared To Nearby Cities
| Hubbard | $142K | $159.5K | +12.3% |
| Hubbard Township | $142K | $155K | +9.2% |
Housing Supply in Hubbard, OH
How many homes are available in Hubbard, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 36 | 34 | -5.6% |
Summary: The Hubbard real estate market had 34 homes for sale in March 2024, a 5.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 6 | 9 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hubbard housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hubbard, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Hubbard in March 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Hubbard, OH
How long does it take to sell a home in Hubbard, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 16 Days | 51 Days | +206.7% |
Summary: Homes in Hubbard had an average of 51 days on market in Mar 2024, up by 206.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hubbard are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Hubbard; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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