Is Knox County, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Knox County 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 Knox County, OH

How much do homes in Knox County, OH cost?

Median Sold Price

$284,975

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,077(+11.4%)

Key Takeaway

Homes in Knox County have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Knox County was $284,975 in October 2024, up 11.4% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145.2K$354.7K
+144.2%
2 $170K$180K
+5.9%
3 $245K$270K
+10.2%
4 $337.5K$340K
+0.7%
5+ $462.7K$467.5K
+1.0%

Summary: Knox County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 144.2%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Counties

Knox County
+11.4%
Coshocton County
+10.3%
Holmes County
-11.5%

Housing Supply in Knox County, OH

How many homes are available in Knox County, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5749-14.0%

Summary: The Knox County real estate market had 49 homes for sale in October 2024, a 14.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 43
-25.0%
3 2523
-8.0%
4 1612
-25.0%
5+ 88
0.0%

Summary: The Knox County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
128-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Knox County in October 2024, down by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Knox County, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days80 Days+122.1%

Summary: Homes in Knox County had an average of 80 days on market in Oct 2024, up by 122.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Knox County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 8 homes were sold in Knox County; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Knox County, OH

Nearby Markets to Knox County, OH

What housing markets are near Knox County, OH?