Is 43228, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43228 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43228 has remained a Seller's Market.

Key Takeaway

43228 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43228, OH

How much do homes in 43228, OH cost?

Median Sold Price

$254,785

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,852(+10.3%)

Key Takeaway

Homes in 43228 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 43228 was $254,785 in April 2024, up 10.3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $72.5K$73.5K
+1.4%
2 $165K$190K
+15.2%
3 $257.9K$275K
+6.6%
4 $305K$325K
+6.6%
5+ $230.6K$260K
+12.7%

Summary: 43228 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Zip Codes

43228
+10.3%
43221
+8.4%
43204
+8.3%
43026
+7.3%
43119
+3.4%

Housing Supply in 43228, OH

How many homes are available in 43228, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
136140+2.9%

Summary: The 43228 real estate market had 140 homes for sale in April 2024, a 2.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 1722
+29.4%
3 8284
+2.4%
4 3027
-10.0%
5+ 22
0.0%

Summary: The 43228 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 increased by 29.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4335-18.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43228, you could pay more than the asking price. 54.3% of homes here sold above asking price last month.

Summary: A total of 35 homes were sold or pending in 43228 in April 2024, down by 18.6% month-over-month. Of the 35 sold homes, 23% were sold under asking, 23% were sold at asking, and 54% were sold over asking.

Days on Market for 43228, OH

How long does it take to sell a home in 43228, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
14 Days35 Days+149.6%

Summary: Homes in 43228 had an average of 35 days on market in Apr 2024, up by 149.6% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43228 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 35 homes were sold in 43228; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% 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 43228, OH

Nearby Markets to 43228, OH