Is 43402, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 43402 has remained a Seller's Market.
Key Takeaway
43402 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43402, OH
How much do homes in 43402, OH cost?
Median Sold Price
$250,083
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 43402 has remained the same since last year.
Summary: The median home sold price in 43402 was $250,083 in April 2024, the same as last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $94.5K | $121.2K | +28.3% |
| 2 Bedrooms | $184.9K | $206.7K | +11.8% |
| 3 Bedrooms | $230K | $238.4K | +3.7% |
| 4 Bedrooms | $325.9K | $305K | -6.4% |
| 5+ Bedrooms | $287.4K | $380.2K | +32.3% |
Summary: 43402 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 32.3%.
Housing Supply in 43402, OH
How many homes are available in 43402, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 | 51 | -7.3% |
Summary: The 43402 real estate market had 51 homes for sale in April 2024, a 7.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 15 | 15 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 43402 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 10 | -52.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43402, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 43402 in April 2024, down by 52.4% month-over-month. Of the 9 sold homes, 11% were sold under asking, 33% were sold at asking, and 56% were sold over asking.
Days on Market for 43402, OH
How long does it take to sell a home in 43402, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 31 Days | -46.9% |
Summary: Homes in 43402 had an average of 31 days on market in Apr 2024, down by 46.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 43402 has remained consistent over time.
Summary: During April 2024, 10 homes were sold in 43402; 30% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.