Is Hancock County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Hancock County has remained a Seller's Market.
Housing Prices in Hancock County, OH
How much do homes in Hancock County, OH cost?
Median Sold Price
$217,750
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hancock County was $217,750 in April 2024, up 1.3% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $72.5K | -9.4% |
2 Bedrooms | $149.9K | $149.9K | 0% |
3 Bedrooms | $204.7K | $207.3K | +1.2% |
4 Bedrooms | $276.5K | $299.9K | +8.5% |
5+ Bedrooms | $450K | $418K | -7.1% |
Summary: Hancock County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.4%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Counties
Wyandot County | $147K | $163.5K | +11.2% |
Wood County | $244.5K | $260K | +6.3% |
Hardin County | $159.5K | $165K | +3.4% |
Hancock County | $215K | $217.7K | +1.3% |
Putnam County | $185.9K | $185K | -0.5% |
Housing Supply in Hancock County, OH
How many homes are available in Hancock County, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
180 | 218 | +21.1% |
Summary: The Hancock County real estate market had 218 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 89 | 116 | +30.3% |
4 Bedrooms | 45 | 50 | +11.1% |
5+ Bedrooms | 16 | 24 | +50.0% |
Summary: The Hancock County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 55 | +10.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Hancock County in April 2024, up by 10.0% month-over-month. Of the 55 sold homes, 44% were sold under asking, 16% were sold at asking, and 40% were sold over asking.
Days on Market for Hancock County, OH
How long does it take to sell a home in Hancock County, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 50 Days | -32.7% |
Summary: Homes in Hancock County had an average of 50 days on market in Apr 2024, down by 32.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 55 homes were sold in Hancock County; 18% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.