$3,503 Closing Credit*
$295,000
2 Beds
•1 Full Bath
Sierra Zirillo, Listing Office: Keller Williams Chervenic Rlty
Is Hanoverton, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hanoverton was a Neutral Market.
Key Takeaway
Hanoverton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hanoverton, OH
How much do homes in Hanoverton, OH cost?
Median Sold Price
$235,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+38.2%)
Key Takeaway
Homes in Hanoverton have sold for 38.2% more than they did a year ago.
Summary: The median home sold price in Hanoverton was $235,000 in November 2024, up 38.2% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $165K | N/A |
| 2 Bedrooms | $150K | $182K | +21.3% |
| 3 Bedrooms | $156.7K | $235K | +49.9% |
| 4 Bedrooms | $275K | $357.5K | +30.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Hanoverton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 49.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hanoverton | $170K | $235K | +38.2% |
| Hanover Township | $171K | $218.5K | +27.8% |
Housing Supply in Hanoverton, OH
How many homes are available in Hanoverton, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Hanoverton real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hanoverton 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 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hanoverton, 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 Hanoverton in November 2024, the same as the previous 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 Hanoverton, OH
How long does it take to sell a home in Hanoverton, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 13 Days | 50 Days | +284.6% |
Summary: Homes in Hanoverton had an average of 50 days on market in Nov 2024, up by 284.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hanoverton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Hanoverton; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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