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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hinckley Township is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Hinckley Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Hinckley Township, OH

How much do homes in Hinckley Township, OH cost?

Median Sold Price

$478,950

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,050(-2.3%)

Key Takeaway

Homes in Hinckley Township have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Hinckley Township was $478,950 in November 2024, down 2.3% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $226K$335K
+48.2%
3 $365K$343K
-6.0%
4 $490K$550.5K
+12.3%
5+ $575K$760K
+32.2%

Summary: Hinckley Township 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 48.2%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 32.2%.

Median Sold Price Compared To Nearby Cities

North Royalton
+4.9%
Broadview Heights
+4.6%
Hinckley Township
-2.3%
Hinckley
-2.3%
Granger Township
-5.9%

Housing Supply in Hinckley Township, OH

How many homes are available in Hinckley Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1817-5.6%

Summary: The Hinckley Township real estate market had 17 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 77
0.0%
4 87
-12.5%
5+ 22
0.0%

Summary: The Hinckley Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hinckley Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hinckley Township in November 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Hinckley Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
56 Days40 Days-28.6%

Summary: Homes in Hinckley Township had an average of 40 days on market in Nov 2024, down by 28.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Hinckley Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Hinckley Township, OH

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