Is 43611, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43611 is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 43611 was a Seller's Market.

Key Takeaway

43611 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 43611, OH

How much do homes in 43611, OH cost?

Median Sold Price

$140,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,866(+2.8%)

Key Takeaway

Homes in 43611 have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in 43611 was $140,000 in April 2024, up 2.8% from last year, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $62.5K$30K
-52.0%
2 $101K$110K
+8.9%
3 $141.5K$146.5K
+3.5%
4 $182K$171.5K
-5.8%
5+ $122.8K$100K
-18.6%

Summary: 43611 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 18.6%.

Median Sold Price Compared To Nearby Zip Codes

43608
+3.1%
43611
+2.8%
43612
+2.8%
43605
0.0%
43604
-20.0%

Housing Supply in 43611, OH

How many homes are available in 43611, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5672+28.6%

Summary: The 43611 real estate market had 72 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 02
+100.0%
2 910
+11.1%
3 3846
+21.1%
4 612
+100.0%
5+ 32
-33.3%

Summary: The 43611 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43611, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in 43611 in April 2024, down by 29.4% month-over-month. Of the 12 sold homes, 33% were sold under asking, 8% were sold at asking, and 58% were sold over asking.

Days on Market for 43611, OH

How long does it take to sell a home in 43611, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days63 Days-2.6%

Summary: Homes in 43611 had an average of 63 days on market in Apr 2024, down by 2.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

6 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 43611 has remained consistent over time.

Summary: During April 2024, 12 homes were sold in 43611; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in 43611, OH

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