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

$91,000

$82/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$38,500(+73.3%)

Key Takeaway

Homes in Knox Township have sold for 73.3% more than they did a month ago.

Summary: The median home sold price in Knox Township was $91,000 in May 2024, up 73.3% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $52.5K$91K
+73.3%
4 --
N/A
5+ --
N/A

Summary: Knox Township housing prices by bedroom type for May 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 73.3%, 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

Apr 2024May 2024CHANGE
10100.0%

Summary: The Knox Township real estate market had 10 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 66
0.0%
4 12
+100.0%
5+ 11
0.0%

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

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Knox Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Apr 2024May 2024CHANGE
121 Days81 Days-33.1%

Summary: Homes in Knox Township had an average of 81 days on market in May 2024, down by 33.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Knox Township has remained consistent over time.

Summary: During May 2024, 2 homes were sold in Knox 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Knox Township, OH

Nearby Markets to Knox Township, OH

What housing markets are near Knox Township, OH?