Is Hebron, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hebron has remained a Seller's Market.
Housing Prices in Hebron, OH
How much do homes in Hebron, OH cost?
Median Sold Price
$351,950
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hebron was $351,950 in May 2024, up 7.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $378.3K | - | N/A |
2 Bedrooms | $205K | $401.2K | +95.7% |
3 Bedrooms | $297.4K | $299.9K | +0.8% |
4 Bedrooms | $357.9K | $389.3K | +8.8% |
5+ Bedrooms | $434.9K | $455.2K | +4.7% |
Summary: Hebron housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 95.7%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
Union Township | $289K | $319K | +10.4% |
Hebron | $328.5K | $351.9K | +7.1% |
Licking Township | $380K | $339K | -10.8% |
Housing Supply in Hebron, OH
How many homes are available in Hebron, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Summary: The Hebron real estate market had 32 homes for sale in May 2024, a 18.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hebron housing inventory by bedroom type for May 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 40%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Hebron in May 2024, up by 175.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for Hebron, OH
How long does it take to sell a home in Hebron, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
16 Days | 35 Days | +112.2% |
Summary: Homes in Hebron had an average of 35 days on market in May 2024, up by 112.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Hebron; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.