Is 43055, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43055 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43055 has remained a Seller's Market.

Key Takeaway

43055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43055, OH

How much do homes in 43055, OH cost?

Median Sold Price

$222,208

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,208(+5.8%)

Key Takeaway

Homes in 43055 have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in 43055 was $222,208 in April 2024, up 5.8% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $113.5K$145K
+27.8%
2 $150K$173.9K
+16.0%
3 $215.4K$230K
+6.8%
4 $279.9K$296K
+5.7%
5+ $415K$307.5K
-25.9%

Summary: 43055 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.8%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes decreased by 25.9%.

Median Sold Price Compared To Nearby Zip Codes

43080
+16.9%
43023
+6.6%
43055
+5.8%
43056
+5.7%

Housing Supply in 43055, OH

How many homes are available in 43055, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
266282+6.0%

Summary: The 43055 real estate market had 282 homes for sale in April 2024, a 6.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 6460
-6.3%
3 134143
+6.7%
4 5363
+18.9%
5+ 1315
+15.4%

Summary: The 43055 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6663-4.5%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43055, you could pay more than the asking price. 38.1% of homes here sold above asking price last month.

Summary: A total of 63 homes were sold or pending in 43055 in April 2024, down by 4.5% month-over-month. Of the 63 sold homes, 37% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 43055, OH

How long does it take to sell a home in 43055, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
25 Days22 Days-10.6%

Summary: Homes in 43055 had an average of 22 days on market in Apr 2024, down by 10.6% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43055 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 63 homes were sold in 43055; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

Newest Listings in 43055, OH

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