Is 43050, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43050 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43050 has remained a Seller's Market.

Key Takeaway

43050 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43050, OH

How much do homes in 43050, OH cost?

Median Sold Price

$218,583

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$24,992(+12.9%)

Key Takeaway

Homes in 43050 have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in 43050 was $218,583 in April 2024, up 12.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $55K-
N/A
2 $145K$163.5K
+12.8%
3 $195.2K$215.2K
+10.2%
4 $289K$282.2K
-2.4%
5+ $350K$410K
+17.1%

Summary: 43050 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 17.1%.

Median Sold Price Compared To Nearby Zip Codes

43019
+25.0%
43080
+16.9%
43050
+12.9%
43028
+9.4%
43022
-1.4%

Housing Supply in 43050, OH

How many homes are available in 43050, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
95115+21.1%

Summary: The 43050 real estate market had 115 homes for sale in April 2024, a 21.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 129
-25.0%
3 4458
+31.8%
4 2429
+20.8%
5+ 1417
+21.4%

Summary: The 43050 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 31.8%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 21.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1923+21.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43050, you could pay more than the asking price. 43.5% of homes here sold above asking price last month.

Summary: A total of 23 homes were sold or pending in 43050 in April 2024, up by 21.1% month-over-month. Of the 23 sold homes, 30% were sold under asking, 26% were sold at asking, and 43% were sold over asking.

Days on Market for 43050, OH

How long does it take to sell a home in 43050, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days23 Days-34.7%

Summary: Homes in 43050 had an average of 23 days on market in Apr 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43050 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 23 homes were sold in 43050; 70% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% 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 7 Days Ago

Newest Listings in 43050, OH

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