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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox Township is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Knox 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 Knox Township, OH

How much do homes in Knox Township, OH cost?

Median Sold Price

$139,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$56,550(+68.6%)

Key Takeaway

Homes in Knox Township have sold for 68.6% more than they did a year ago.

Summary: The median home sold price in Knox Township was $139,000 in November 2024, up 68.6% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $78.7K$117.5K
+49.3%
3 $90.7K$139K
+53.2%
4 $81K$310K
+282.7%
5+ -$325K
N/A

Summary: Knox Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.3%, 3 bedroom homes increased by 53.2%, 4 bedroom homes increased by 282.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Knox Township
+68.6%
Toronto
+26.0%

Housing Supply in Knox Township, OH

How many homes are available in Knox Township, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1514-6.7%

Summary: The Knox Township real estate market had 14 homes for sale in November 2024, a 6.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 98
-11.1%
4 32
-33.3%
5+ 00
0.0%

Summary: The Knox 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 increased by 33.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Knox Township in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Knox Township, OH

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

Average Sale Time

Nov 2023Nov 2024CHANGE
71 Days139 Days+94.9%

Summary: Homes in Knox Township had an average of 139 days on market in Nov 2024, up by 94.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Knox Township; 0% of homes were sold within 30 days, 0% 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 21 Days Ago

Newest Listings in Knox Township, OH

Nearby Markets to Knox Township, OH

What housing markets are near Knox Township, OH?