Is 43551, 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, 43551 has remained a Seller's Market.
Key Takeaway
43551 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 43551, OH
How much do homes in 43551, OH cost?
Median Sold Price
$348,800
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 43551 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 43551 was $348,800 in March 2024, up 5.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114.9K | $117.7K | +2.4% |
| 2 Bedrooms | $201.7K | $212.5K | +5.3% |
| 3 Bedrooms | $260K | $285.5K | +9.8% |
| 4 Bedrooms | $398K | $414.9K | +4.2% |
| 5+ Bedrooms | $505K | $551K | +9.1% |
Summary: 43551 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 9.1%.
Median Sold Price Compared To Nearby Zip Codes
| 43460 | $187.2K | $216.7K | +15.8% |
| 43614 | $165.8K | $185.3K | +11.7% |
| 43465 | $188K | $204K | +8.5% |
| 43551 | $330.2K | $348.8K | +5.6% |
| 43619 | $180K | $187.6K | +4.2% |
Housing Supply in 43551, OH
How many homes are available in 43551, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 125 | 127 | +1.6% |
Summary: The 43551 real estate market had 127 homes for sale in March 2024, a 1.6% 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 | 10 | 12 | +20.0% |
| 3 Bedrooms | 45 | 47 | +4.4% |
| 4 Bedrooms | 52 | 53 | +1.9% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The 43551 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 20%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 36 | +38.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 43551, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 43551 in March 2024, up by 38.5% month-over-month. Of the 36 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for 43551, OH
How long does it take to sell a home in 43551, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 59 Days | +5.0% |
Summary: Homes in 43551 had an average of 59 days on market in Mar 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 43551 has remained consistent over time.
Summary: During March 2024, 36 homes were sold in 43551; 19% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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