Is Hambden Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hambden Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hambden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hambden Township, OH

How much do homes in Hambden Township, OH cost?

Median Sold Price

$352,500

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$4,000(+1.1%)

Key Takeaway

Homes in Hambden Township have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Hambden Township was $352,500 in October 2024, up 1.1% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $42.5K$157.5K
+270.6%
3 $325.5K$182K
-44.1%
4 $387.5K$525.2K
+35.5%
5+ $842.5K$355K
-57.9%

Summary: Hambden Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 270.6%, 3 bedroom homes decreased by 44.1%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes decreased by 57.9%.

Median Sold Price Compared To Nearby Cities

Claridon Township
+9.1%
Chardon
+2.2%
Hambden Township
+1.1%
Montville
-10.2%
Montville Township
-10.2%

Housing Supply in Hambden Township, OH

How many homes are available in Hambden Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
19190.0%

Summary: The Hambden Township real estate market had 19 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 68
+33.3%
4 97
-22.2%
5+ 11
0.0%

Summary: The Hambden Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hambden Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Hambden Township in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Hambden Township, OH

How long does it take to sell a home in Hambden Township, OH?

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days64 Days+50.9%

Summary: Homes in Hambden Township had an average of 64 days on market in Oct 2024, up by 50.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were 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 Hambden Township has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Hambden Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 20 Days Ago

Newest Listings in Hambden Township, OH

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