Is 43023, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43023 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 43023 has remained a Seller's Market.

Key Takeaway

43023 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43023, OH

How much do homes in 43023, OH cost?

Median Sold Price

$460,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,550(+2.6%)

Key Takeaway

Homes in 43023 have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in 43023 was $460,000 in March 2024, up 2.6% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $162.5K$305K
+87.7%
2 $270K$251K
-7.0%
3 $377.9K$385K
+1.9%
4 $526.6K$507K
-3.7%
5+ $800K$565K
-29.4%

Summary: 43023 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 87.7%, 2 bedroom homes decreased by 7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 29.4%.

Median Sold Price Compared To Nearby Zip Codes

43055
+6.6%
43025
+4.8%
43023
+2.6%
43031
+2.1%
43001
-4.8%

Housing Supply in 43023, OH

How many homes are available in 43023, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6159-3.3%

Summary: The 43023 real estate market had 59 homes for sale in March 2024, a 3.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2421
-12.5%
4 2222
0.0%
5+ 1313
0.0%

Summary: The 43023 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43023, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 43023 in March 2024, down by 33.3% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for 43023, OH

How long does it take to sell a home in 43023, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
27 Days47 Days+74.8%

Summary: Homes in 43023 had an average of 47 days on market in Mar 2024, up by 74.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43023 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 10 homes were sold in 43023; 50% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 10% 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 29 Days Ago

Newest Listings in 43023, OH

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