Is 43147, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43147 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43147 has remained a Seller's Market.

Key Takeaway

43147 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43147, OH

How much do homes in 43147, OH cost?

Median Sold Price

$416,232

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$42,299(+11.3%)

Key Takeaway

Homes in 43147 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 43147 was $416,232 in April 2024, up 11.3% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $75K$156K
+108.0%
2 $224.9K$250K
+11.1%
3 $315K$342.5K
+8.7%
4 $397.3K$450K
+13.2%
5+ $517.1K$548K
+6.0%

Summary: 43147 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 6%.

Median Sold Price Compared To Nearby Zip Codes

43147
+11.3%
43110
+7.6%
43068
+5.5%
43062
+0.8%
43112
-3.7%

Housing Supply in 43147, OH

How many homes are available in 43147, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
198223+12.6%

Summary: The 43147 real estate market had 223 homes for sale in April 2024, a 12.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1513
-13.3%
3 6165
+6.6%
4 100123
+23.0%
5+ 2222
0.0%

Summary: The 43147 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 13.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 23%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4754+14.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43147, you could pay more than the asking price. 51.9% of homes here sold above asking price last month.

Summary: A total of 54 homes were sold or pending in 43147 in April 2024, up by 14.9% month-over-month. Of the 54 sold homes, 22% were sold under asking, 26% were sold at asking, and 52% were sold over asking.

Days on Market for 43147, OH

How long does it take to sell a home in 43147, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days17 Days-14.8%

Summary: Homes in 43147 had an average of 17 days on market in Apr 2024, down by 14.8% compared to last year.

Breakdown of Home Sale Times

48 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43147 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 54 homes were sold in 43147; 89% of homes were sold within 30 days, 6% 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 6 Days Ago

Newest Listings in 43147, OH

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