Is 43016, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 43016 has remained a Seller's Market.
Housing Prices in 43016, OH
How much do homes in 43016, OH cost?
Median Sold Price
$393,166
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 43016 was $393,166 in April 2024, up 1.1% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $156.2K | $175K | +12.0% |
2 Bedrooms | $267K | $274.9K | +3.0% |
3 Bedrooms | $368K | $393.5K | +6.9% |
4 Bedrooms | $530K | $575K | +8.5% |
5+ Bedrooms | $750K | $834.5K | +11.3% |
Summary: 43016 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 11.3%.
Housing Supply in 43016, OH
How many homes are available in 43016, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 140 | +14.8% |
Summary: The 43016 real estate market had 140 homes for sale in April 2024, a 14.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 40 | 41 | +2.5% |
3 Bedrooms | 42 | 45 | +7.1% |
4 Bedrooms | 31 | 42 | +35.5% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 43016 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 35.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 40 | +14.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 43016 in April 2024, up by 14.3% month-over-month. Of the 40 sold homes, 30% were sold under asking, 28% were sold at asking, and 43% were sold over asking.
Days on Market for 43016, OH
How long does it take to sell a home in 43016, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 21 Days | +208.7% |
Summary: Homes in 43016 had an average of 21 days on market in Apr 2024, up by 208.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 43016; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.