Is Hancock County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hancock County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Hancock County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hancock County, OH

How much do homes in Hancock County, OH cost?

Median Sold Price

$220,133

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,633(+2.2%)

Key Takeaway

Homes in Hancock County have sold for 2.2% more than they did a year ago.

Summary: The median home sold price in Hancock County was $220,133 in November 2024, up 2.2% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $130K$72.5K
-44.2%
2 $150K$162.9K
+8.6%
3 $210K$215.1K
+2.4%
4 $299.9K$300K
0.0%
5+ $440K$375K
-14.8%

Summary: Hancock County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.2%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 14.8%.

Median Sold Price Compared To Nearby Counties

Wyandot County
+15.1%
Wood County
+5.6%
Hancock County
+2.2%
Putnam County
+1.4%

Housing Supply in Hancock County, OH

How many homes are available in Hancock County, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
264243-8.0%

Summary: The Hancock County real estate market had 243 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 4232
-23.8%
3 149135
-9.4%
4 5760
+5.3%
5+ 1313
0.0%

Summary: The Hancock County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6749-26.9%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hancock County, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 49 homes were sold or pending in Hancock County in November 2024, down by 26.9% month-over-month. Of the 49 sold homes, 53% were sold under asking, 22% were sold at asking, and 24% 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

Nov 2023Nov 2024CHANGE
67 Days58 Days-14.2%

Summary: Homes in Hancock County had an average of 58 days on market in Nov 2024, down by 14.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hancock County has remained consistent over time.

Summary: During November 2024, 49 homes were sold in Hancock County; 20% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 12% 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 Hancock County, OH

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