Is Knox County, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Knox County has remained a Seller's Market.
Housing Prices in Knox County, OH
How much do homes in Knox County, OH cost?
Median Sold Price
$270,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Knox County was $270,000 in May 2024, up 14.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109.4K | $189K | +72.7% |
2 Bedrooms | $155.5K | $175K | +12.5% |
3 Bedrooms | $234.9K | $260K | +10.7% |
4 Bedrooms | $300K | $342K | +14.0% |
5+ Bedrooms | $420K | $440K | +4.8% |
Summary: Knox County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.7%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Counties
Morrow County | $252K | $290.3K | +15.2% |
Knox County | $235K | $270K | +14.9% |
Coshocton County | $140K | $154.3K | +10.2% |
Holmes County | $241.5K | $263K | +8.9% |
Licking County | $290.7K | $302.8K | +4.2% |
Housing Supply in Knox County, OH
How many homes are available in Knox County, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
197 | 214 | +8.6% |
Summary: The Knox County real estate market had 214 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 19 | 21 | +10.5% |
3 Bedrooms | 87 | 94 | +8.0% |
4 Bedrooms | 60 | 66 | +10.0% |
5+ Bedrooms | 28 | 30 | +7.1% |
Summary: The Knox County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 7.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
53 | 51 | -3.8% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 51 homes were sold or pending in Knox County in May 2024, down by 3.8% month-over-month. Of the 51 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for Knox County, OH
How long does it take to sell a home in Knox County, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 28 Days | +6.2% |
Summary: Homes in Knox County had an average of 28 days on market in May 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 51 homes were sold in Knox County; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.