Is 43062, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43062 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43062 has remained a Seller's Market.

Key Takeaway

43062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43062, OH

How much do homes in 43062, OH cost?

Median Sold Price

$360,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,928(+0.8%)

Key Takeaway

Homes in 43062 have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in 43062 was $360,000 in April 2024, up 0.8% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $180K-
N/A
2 $265K$260K
-1.9%
3 $325K$335K
+3.1%
4 $400K$400K
0.0%
5+ $446.8K$467.5K
+4.6%

Summary: 43062 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 decreased by 1.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

43068
+5.5%
43004
+4.6%
43062
+0.8%

Housing Supply in 43062, OH

How many homes are available in 43062, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
168182+8.3%

Summary: The 43062 real estate market had 182 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1613
-18.8%
3 8992
+3.4%
4 5365
+22.6%
5+ 1012
+20.0%

Summary: The 43062 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 decreased by 18.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3242+31.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43062, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in 43062 in April 2024, up by 31.3% month-over-month. Of the 42 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for 43062, OH

How long does it take to sell a home in 43062, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
17 Days18 Days+4.0%

Summary: Homes in 43062 had an average of 18 days on market in Apr 2024, up by 4% compared to last year.

Breakdown of Home Sale Times

38 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43062 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 42 homes were sold in 43062; 90% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% 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 43062, OH

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