Is 43420, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 43420 has remained a Seller's Market.
Key Takeaway
43420 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43420, OH
How much do homes in 43420, OH cost?
Median Sold Price
$145,333
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 43420 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 43420 was $145,333 in March 2024, up 3.8% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70.2K | $104.5K | +48.9% |
| 2 Bedrooms | $118K | $127.9K | +8.4% |
| 3 Bedrooms | $140K | $150.5K | +7.5% |
| 4 Bedrooms | $160K | $163.2K | +2.0% |
| 5+ Bedrooms | $105K | $139.7K | +33.1% |
Summary: 43420 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.9%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 33.1%.
Median Sold Price Compared To Nearby Zip Codes
| 43410 | $156.5K | $177.4K | +13.4% |
| 43420 | $140K | $145.3K | +3.8% |
Housing Supply in 43420, OH
How many homes are available in 43420, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 82 | 83 | +1.2% |
Summary: The 43420 real estate market had 83 homes for sale in March 2024, a 1.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 49 | 53 | +8.2% |
| 4 Bedrooms | 21 | 15 | -28.6% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 43420 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43420, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 43420 in March 2024, down by 4.3% month-over-month. Of the 22 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.
Days on Market for 43420, OH
How long does it take to sell a home in 43420, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 76 Days | 53 Days | -31.1% |
Summary: Homes in 43420 had an average of 53 days on market in Mar 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 43420 has remained consistent over time.
Summary: During March 2024, 22 homes were sold in 43420; 27% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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