Is 43207, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43207 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43207 has remained a Seller's Market.

Key Takeaway

43207 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43207, OH

How much do homes in 43207, OH cost?

Median Sold Price

$215,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+13.2%)

Key Takeaway

Homes in 43207 have sold for 13.2% more than they did a year ago.

Summary: The median home sold price in 43207 was $215,000 in April 2024, up 13.2% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $116.5K$92K
-21.0%
2 $165K$170K
+3.0%
3 $188.1K$215K
+14.3%
4 $232K$255K
+9.9%
5+ $277K$260K
-6.1%

Summary: 43207 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Zip Codes

43125
+13.3%
43207
+13.2%
43223
+5.7%
43209
+1.3%
43206
0.3%

Housing Supply in 43207, OH

How many homes are available in 43207, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
246255+3.7%

Summary: The 43207 real estate market had 255 homes for sale in April 2024, a 3.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 64
-33.3%
2 5153
+3.9%
3 145153
+5.5%
4 3940
+2.6%
5+ 55
0.0%

Summary: The 43207 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5452-3.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43207, you could pay more than the asking price. 44.2% of homes here sold above asking price last month.

Summary: A total of 52 homes were sold or pending in 43207 in April 2024, down by 3.7% month-over-month. Of the 52 sold homes, 29% were sold under asking, 27% were sold at asking, and 44% were sold over asking.

Days on Market for 43207, OH

How long does it take to sell a home in 43207, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
12 Days16 Days+25.7%

Summary: Homes in 43207 had an average of 16 days on market in Apr 2024, up by 25.7% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43207 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 52 homes were sold in 43207; 83% of homes were sold within 30 days, 13% 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 3 Days Ago

Newest Listings in 43207, OH

Nearby Markets to 43207, OH