Is 43229, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43229 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43229 has remained a Seller's Market.

Key Takeaway

43229 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43229, OH

How much do homes in 43229, OH cost?

Median Sold Price

$271,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,000(+8.4%)

Key Takeaway

Homes in 43229 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 43229 was $271,000 in April 2024, up 8.4% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$67K
N/A
2 $130K$142K
+9.2%
3 $247K$266.8K
+8.0%
4 $290K$311.5K
+7.4%
5+ $289.9K$342.5K
+18.1%

Summary: 43229 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 increased by 9.2%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 18.1%.

Median Sold Price Compared To Nearby Zip Codes

43229
+8.4%
43085
+8.3%
43081
+7.4%
43231
+6.6%
43214
+6.6%

Housing Supply in 43229, OH

How many homes are available in 43229, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8999+11.2%

Summary: The 43229 real estate market had 99 homes for sale in April 2024, a 11.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1717
0.0%
3 4353
+23.3%
4 2021
+5.0%
5+ 87
-12.5%

Summary: The 43229 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 remained the same, 3 bedroom homes increased by 23.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2225+13.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43229, you could pay more than the asking price. 48% of homes here sold above asking price last month.

Summary: A total of 25 homes were sold or pending in 43229 in April 2024, up by 13.6% month-over-month. Of the 25 sold homes, 44% were sold under asking, 8% were sold at asking, and 48% were sold over asking.

Days on Market for 43229, OH

How long does it take to sell a home in 43229, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days25 Days+26.9%

Summary: Homes in 43229 had an average of 25 days on market in Apr 2024, up by 26.9% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 43229 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 25 homes were sold in 43229; 84% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 12% 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 43229, OH

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