$10,000 Closing Credit*
$969,900
3,917 SqFt
3 Beds
•3 Full Baths, 2 Partial
Inna M Muravin, Listing Office: Engel & Völkers Distinct
Is Hinckley Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Hinckley Township was a Seller's Market.
Key Takeaway
Hinckley Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hinckley Township, OH
How much do homes in Hinckley Township, OH cost?
Median Sold Price
$479,900
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$1,000(+0.2%)
Key Takeaway
The sold price of homes in Hinckley Township has remained the same since last year.
Summary: The median home sold price in Hinckley Township was $479,900 in October 2024, up 0.2% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226K | $335K | +48.2% |
| 3 Bedrooms | $359.8K | $346.5K | -3.7% |
| 4 Bedrooms | $487.5K | $543K | +11.4% |
| 5+ Bedrooms | $575K | $760K | +32.2% |
Summary: Hinckley 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 48.2%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 32.2%.
Median Sold Price Compared To Nearby Cities
| North Royalton | $285K | $300K | +5.3% |
| Hinckley Township | $478.9K | $479.9K | 0.2% |
| Hinckley | $478.9K | $479.9K | 0.2% |
| Broadview Heights | $326.2K | $325K | -0.4% |
| Granger Township | $507.7K | $476.5K | -6.2% |
Housing Supply in Hinckley Township, OH
How many homes are available in Hinckley Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 20 | -20.0% |
Summary: The Hinckley Township real estate market had 20 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 7 | -22.2% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Hinckley 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 decreased by 22.2%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
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 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 2 homes were sold or pending in Hinckley Township in October 2024, down by 77.8% month-over-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 Hinckley Township, OH
How long does it take to sell a home in Hinckley Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 7 Days | -72.2% |
Summary: Homes in Hinckley Township had an average of 7 days on market in Oct 2024, down by 72.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hinckley Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Hinckley Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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