Is 43607, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43607 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 43607 has remained a Seller's Market.

Key Takeaway

43607 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43607, OH

How much do homes in 43607, OH cost?

Median Sold Price

$84,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,100(+20.2%)

Key Takeaway

Homes in 43607 have sold for 20.2% more than they did a year ago.

Summary: The median home sold price in 43607 was $84,000 in April 2024, up 20.2% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $18.5K$23K
+24.3%
2 $55.5K$57.5K
+3.6%
3 $80K$94K
+17.5%
4 $77K$85K
+10.4%
5+ $115.2K$120.5K
+4.6%

Summary: 43607 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 17.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

43607
+20.2%
43606
+15.3%
43609
+14.0%
43615
+9.7%

Housing Supply in 43607, OH

How many homes are available in 43607, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6755-17.9%

Summary: The 43607 real estate market had 55 homes for sale in April 2024, a 17.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 1311
-15.4%
3 3933
-15.4%
4 1411
-21.4%
5+ 00
0.0%

Summary: The 43607 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 15.4%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2215-31.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43607, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 43607 in April 2024, down by 31.8% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.

Days on Market for 43607, OH

How long does it take to sell a home in 43607, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
66 Days80 Days+19.8%

Summary: Homes in 43607 had an average of 80 days on market in Apr 2024, up by 19.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 43607 has remained consistent over time.

Summary: During April 2024, 15 homes were sold in 43607; 7% of homes were sold within 30 days, 73% of homes were sold within 30 to 90 days, and 20% 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 14 Days Ago

Newest Listings in 43607, OH

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