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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hopewell Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hopewell Township was a Seller's Market.

Key Takeaway

Hopewell Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hopewell Township, OH

How much do homes in Hopewell Township, OH cost?

Median Sold Price

$124,800

$131/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$110,200(-46.9%)

Key Takeaway

Homes in Hopewell Township have sold for 46.9% less than they did a month ago.

Summary: The median home sold price in Hopewell Township was $124,800 in November 2024, down 46.9% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$124.8K
N/A
3 $125K-
N/A
4 $345K-
N/A
5+ --
N/A

Summary: Hopewell Township housing prices by bedroom type for November 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hopewell Township, OH

How many homes are available in Hopewell Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
86-25.0%

Summary: The Hopewell Township real estate market had 6 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 44
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The Hopewell 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hopewell Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hopewell Township in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Hopewell Township, OH

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

Average Sale Time

Oct 2024Nov 2024CHANGE
43 Days1 Day-97.7%

Summary: Homes in Hopewell Township had an average of 1 days on market in Nov 2024, down by 97.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Hopewell 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Hopewell Township, OH

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What housing markets are near Hopewell Township, OH?