Is Hiram, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hiram was a Seller's Market.
Housing Prices in Hiram, OH
How much do homes in Hiram, OH cost?
Median Sold Price
$282,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hiram was $282,500 in May 2024, up 41.3% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $220K | $73K | -66.8% |
3 Bedrooms | $208.7K | $280K | +34.1% |
4 Bedrooms | $156.2K | $372K | +138.1% |
5+ Bedrooms | $472.5K | $280K | -40.7% |
Summary: Hiram 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 decreased by 66.8%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 138.1%, and 5+ bedroom homes decreased by 40.7%.
Median Sold Price Compared To Nearby Cities
Hiram | $200K | $282.5K | +41.3% |
Hiram Township | $218.7K | $285K | +30.3% |
Housing Supply in Hiram, OH
How many homes are available in Hiram, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Summary: The Hiram real estate market had 16 homes for sale in May 2024, a 77.8% 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 | 0 | 1 | +100.0% |
3 Bedrooms | 5 | 12 | +140.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hiram 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 increased by 100%, 3 bedroom homes increased by 140%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Hiram in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hiram, OH
How long does it take to sell a home in Hiram, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 82 Days | +720.0% |
Summary: Homes in Hiram had an average of 82 days on market in May 2024, up by 720% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Hiram; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.