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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox Township is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Knox Township was a Seller's Market.

Key Takeaway

Knox Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Knox Township, OH

How much do homes in Knox Township, OH cost?

Median Sold Price

$52,500

$32/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$75,000(-58.8%)

Key Takeaway

Homes in Knox Township have sold for 58.8% less than they did a month ago.

Summary: The median home sold price in Knox Township was $52,500 in April 2024, down 58.8% from last month, and the median price per square foot was $32.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $127.5K$52.5K
-58.8%
4 $194K-
N/A
5+ --
N/A

Summary: Knox Township housing prices by bedroom type for April 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 decreased by 58.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Knox Township, OH

How many homes are available in Knox Township, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
119-18.2%

Summary: The Knox Township real estate market had 9 homes for sale in April 2024, a 18.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 76
-14.3%
4 31
-66.7%
5+ 11
0.0%

Summary: The Knox Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was 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 Knox Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Knox Township in April 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Knox Township, OH

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

Average Sale Time

Mar 2024Apr 2024CHANGE
33 Days121 Days+261.2%

Summary: Homes in Knox Township had an average of 121 days on market in Apr 2024, up by 261.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Knox Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Knox Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 4 Days Ago

Newest Listings in Knox Township, OH

Nearby Markets to Knox Township, OH

What housing markets are near Knox Township, OH?