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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hough is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hough was a Seller's Market.

Key Takeaway

Hough 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 Hough, OH

How much do homes in Hough, OH cost?

Median Sold Price

$75,000

$33/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,499(+45.6%)

Key Takeaway

Homes in Hough have sold for 45.6% more than they did a year ago.

Summary: The median home sold price in Hough was $75,000 in October 2024, up 45.6% from last year, and the median price per square foot was $33.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $53K$155K
+192.5%
4 $32K$51K
+59.4%
5+ $68K$73.5K
+8.1%

Summary: Hough 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 did not change, 3 bedroom homes increased by 192.5%, 4 bedroom homes increased by 59.4%, and 5+ bedroom homes increased by 8.1%.

Housing Supply in Hough, OH

How many homes are available in Hough, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2127+28.6%

Summary: The Hough real estate market had 27 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 913
+44.4%
4 56
+20.0%
5+ 78
+14.3%

Summary: The Hough 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 increased by 44.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hough, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Hough in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Hough, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days36 Days-20.7%

Summary: Homes in Hough had an average of 36 days on market in Oct 2024, down by 20.7% 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 Hough are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Hough; 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 4 Days Ago

Newest Listings in Hough, OH

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