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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hubbard Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hubbard Township was a Buyer's Market.

Key Takeaway

Hubbard 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 Hubbard Township, OH

How much do homes in Hubbard Township, OH cost?

Median Sold Price

$165,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+10.0%)

Key Takeaway

Homes in Hubbard Township have sold for 10% more than they did a year ago.

Summary: The median home sold price in Hubbard Township was $165,000 in October 2024, up 10% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$200K
N/A
2 $121.4K$121.5K
0.0%
3 $145K$164K
+13.1%
4 $225K$193.5K
-14.0%
5+ $200K$426K
+113.0%

Summary: Hubbard 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 did not change, 3 bedroom homes increased by 13.1%, 4 bedroom homes decreased by 14%, and 5+ bedroom homes increased by 113%.

Median Sold Price Compared To Nearby Cities

Masury
+70.0%
Brookfield Township
+37.5%
Hubbard Township
+10.0%
Hubbard
+10.0%
Brookfield
+2.9%

Housing Supply in Hubbard Township, OH

How many homes are available in Hubbard Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5556+1.8%

Summary: The Hubbard Township real estate market had 56 homes for sale in October 2024, a 1.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2933
+13.8%
4 1513
-13.3%
5+ 55
0.0%

Summary: The Hubbard 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 decreased by 16.7%, 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 2024Oct 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hubbard Township, 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 Township 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 Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days46 Days+42.8%

Summary: Homes in Hubbard Township 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Hubbard Township; 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.

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

Report Updated 16 Days Ago

Newest Listings in Hubbard Township, OH

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What housing markets are near Hubbard Township, OH?