Knox County Ohio Real Estate Information Archive

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Knox County, Ohio Videos

Friday, February 3, 2012

by Sam Miller

Centerburg | Bank Owned home, horse farm | 2,300 sq. ft. | Northrodge Shool District

BANK OWNED Centerburg Ohio horse farm / mini farm with nice fenced pasture, 6 acres of land, barns, garage, court yard, spacious country farm house featuring 4 bedrooms, 2 full baths, over 2300 square feet of living space, filled with charm and character, located between Centerburg and Sunbury in Northrodge School District. More information here.

Contact The Sam Miller of REMAX Stars Realty at (740) 397-7800.

An exceptional value on a Mount Vernon Ohio country home with 2.91 acres of land. This home was originally listed for $140,000 and it was just reduced on 1-31-2012 to $100,000 for a fast sale. More information here.

Contact The Sam Miller of REMAX Stars Realty at (740) 397-7800.

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Knox County Ohio Real Estate Report

Friday, February 25, 2011

by Sam Miller

The Knox County MLS experienced a slight reduction in home sales of about 10% this past January as compared to a year ago in January of 2010. This is truly outstanding because it means the market may be headed in a more stable and positive direction. You may be wondering how it can be good news that the market is down by roughly 10% but remember that in early 2010 the housing market was driven by an economic stimulous package and a lot of government subsidy money such as the $8,000 tax credit. Many media outlets predicted the housing market would be off by as much as much as 40 or 50% but our market outperformed those predictions and barely missed a beat.

Knox County Ohio Housing Market
for January 2011

As of February 1st, 2011, there are currently 303 Knox County residential homes available for sale that are listed in the Knox County MLS. The combined value of all 303 homes that are available and for sale is over 44 million dollar with a combined average listing price is just over $148,000. The lowest priced available single family residential home that is currently listed for sale in the Knox County MLS is listed for only $15,900 and the highest priced single family home for sale today is listed for $795,000.

Currently we are working off of a 16 month absorption rate based on the January 2011 Knox County home sales and also based on the current inventory of available homes. This is the ultimate example of how supply and demand and how one impacts the other. Currently there is a larger supply of available homes than they are monthly sales. This number of monthsof active inventory will typically reduce in the late spring and summer months because during the peak home selling months we can experience anywhere between a 200% to 300% increase in monthly home sales compared to the early winter months such as January or February.

If you are thinking about buying or selling a home in 2011, give us a call at (740) 397-7800 or send us an email to explore your options and to find out when is the best time for you to make a move.

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knox county ohio real estate market report

Knox County, Ohio August 2009 Real Estate Numbers

Tuesday, September 8, 2009

by Sam Miller

The following information is the August 2009 Knox County real estate information. This information was taken from the Knox County, Ohio MLS and includes all of Knox County including, Mt. Vernon, Apple Valley, Fredericktown and Centerburg.

August 2009 Knox County Home Sales Information

Number of residential homes sold                            38
Average Sales Price of those homes sold                   $112, 060.00
Total Amount Sold                                                  $4,258,000.00

August Knox County Listing Information
Total New residential listings for August 83
Average New List Price $157,000

Total Number of Homes Currently in the MLS 424
Average List Price $162,000

The market is showing significant signs of increased activity. We've had a lot more showing traffic on our homes listed for sale as well as increased offers in negotiations and number of sold properties. It feels like the market is beginning to pick up. This may partially be due to the $8000 home buyer tax credit. Houses must be closed by November 30, 2009 in order to qualify for this tax credit. I think the end of the year looks to be real active and now is an excellent time to buy a new home or upgrade to a larger one. It's a wonderful time to take advantage of the super homes listed right now as well as the incredible low rates.

Homes for sale $100,000 or less

Homes for sale $100,000 - $150,000

Homes for sale $150,000 - $200,000

Homes for sale $200,000 - $300,000

Homes for sale $300,000 and up

In the market for a new home or ready to sell one? Contact The Sam Miller Team for all your real estate needs.