$2,078 Closing Credit*
$175,000
3 Beds
•2 Full Baths
Sarah "Wink" Ahren, Listing Office: More Options Realty, LLC
Is Hubbard, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Hubbard has remained a Neutral Market.
Key Takeaway
Hubbard 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 Hubbard, OH
How much do homes in Hubbard, OH cost?
Median Sold Price
$165,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+10.0%)
Key Takeaway
Homes in Hubbard have sold for 10% more than they did a year ago.
Summary: The median home sold price in Hubbard was $165,000 in October 2024, up 10% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $200K | N/A |
| 2 Bedrooms | $125K | $145.5K | +16.4% |
| 3 Bedrooms | $145K | $164.5K | +13.4% |
| 4 Bedrooms | $225K | $193.5K | -14.0% |
| 5+ Bedrooms | $200K | $426K | +113.0% |
Summary: Hubbard 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 16.4%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 113%.
Median Sold Price Compared To Nearby Cities
| Hubbard | $150K | $165K | +10.0% |
| Hubbard Township | $150K | $165K | +10.0% |
Housing Supply in Hubbard, OH
How many homes are available in Hubbard, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 55 | 0.0% |
Summary: The Hubbard real estate market had 55 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 29 | 33 | +13.8% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Hubbard 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 decreased by 33.3%, 3 bedroom homes increased by 13.8%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hubbard, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Hubbard in October 2024, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% were sold over asking.
Days on Market for Hubbard, OH
How long does it take to sell a home in Hubbard, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 46 Days | +42.8% |
Summary: Homes in Hubbard had an average of 46 days on market in Oct 2024, up by 42.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hubbard are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in Hubbard; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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