Is Hanover Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hanover Township has remained a Seller's Market.
Housing Prices in Hanover Township, OH
How much do homes in Hanover Township, OH cost?
Median Sold Price
$319,005
$171/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hanover Township was $319,005 in April 2024, up 1.2% from last month, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | - | N/A |
3 Bedrooms | - | $336.7K | N/A |
4 Bedrooms | $315.2K | $277.2K | -12.1% |
5+ Bedrooms | $710K | - | N/A |
Summary: Hanover 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 did not change, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Saint Clair Township | $230K | $295K | +28.3% |
Hamilton | $217.5K | $226K | +3.9% |
Hanover Township | $315.2K | $319K | +1.2% |
Housing Supply in Hanover Township, OH
How many homes are available in Hanover Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Hanover Township real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Hanover 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 decreased by 50%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Hanover Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Hanover Township, OH
How long does it take to sell a home in Hanover Township, OH?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 Days | 115 Days | -5.7% |
Summary: Homes in Hanover Township had an average of 115 days on market in Apr 2024, down by 5.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Hanover Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.