Is Hinckley, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hinckley is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Hinckley has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hinckley, OH

How much do homes in Hinckley, OH cost?

Median Sold Price

$799,000

$148/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$224,000(+39.0%)

Key Takeaway

Homes in Hinckley have sold for 39% more than they did a month ago.

Summary: The median home sold price in Hinckley was $799,000 in December 2024, up 39% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$1.3M
N/A
3 $620.5K$630K
+1.5%
4 $575K$799K
+39.0%
5+ --
N/A

Summary: Hinckley housing prices by bedroom type for December 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 1.5%, 4 bedroom homes increased by 39%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hinckley
+39.0%
Hinckley Township
+39.0%

Housing Supply in Hinckley, OH

How many homes are available in Hinckley, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1813-27.8%

Summary: The Hinckley real estate market had 13 homes for sale in December 2024, a 27.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 75
-28.6%
4 85
-37.5%
5+ 22
0.0%

Summary: The Hinckley housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 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 Hinckley, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Hinckley in December 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Hinckley, OH

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

Average Sale Time

Nov 2024Dec 2024CHANGE
66 Days77 Days+17.2%

Summary: Homes in Hinckley had an average of 77 days on market in Dec 2024, up by 17.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hinckley are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in Hinckley; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

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