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 seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Knox Township, OH

How much do homes in Knox Township, OH cost?

Median Sold Price

$255,000

$128/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$35,000(-12.1%)

Key Takeaway

Homes in Knox Township have sold for 12.1% less than they did a month ago.

Summary: The median home sold price in Knox Township was $255,000 in September 2024, down 12.1% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$172.5K
N/A
3 $195K$285K
+46.2%
4 $385K$254.6K
-33.9%
5+ -$307.5K
N/A

Summary: Knox Township housing prices by bedroom type for September 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 46.2%, 4 bedroom homes decreased by 33.9%, 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

Aug 2024Sep 2024CHANGE
1820+11.1%

Summary: The Knox Township real estate market had 20 homes for sale in September 2024, a 11.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 76
-14.3%
4 67
+16.7%
5+ 34
+33.3%

Summary: The Knox Township 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 increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Knox Township in September 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Aug 2024Sep 2024CHANGE
13 Days20 Days+52.6%

Summary: Homes in Knox Township had an average of 20 days on market in Sep 2024, up by 52.6% compared to last month.

Breakdown of Home Sale Times

4 Homes Were 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 Knox Township are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in Knox Township; 80% of homes were sold within 30 days, 20% 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 15 Days Ago

Newest Listings in Knox Township, OH

Nearby Markets to Knox Township, OH

What housing markets are near Knox Township, OH?