Is 43907, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43907 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 43907 was a Neutral Market.

Key Takeaway

43907 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43907, OH

How much do homes in 43907, OH cost?

Median Sold Price

$120,000

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,500(+27.0%)

Key Takeaway

Homes in 43907 have sold for 27% more than they did a year ago.

Summary: The median home sold price in 43907 was $120,000 in March 2024, up 27% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $40K$134.9K
+237.5%
2 $43.5K$115K
+164.4%
3 $121.2K$94.5K
-22.1%
4 $94K$186.5K
+98.4%
5+ $250K$145K
-42.0%

Summary: 43907 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 237.5%, 2 bedroom homes increased by 164.4%, 3 bedroom homes decreased by 22.1%, 4 bedroom homes increased by 98.4%, and 5+ bedroom homes decreased by 42%.

Median Sold Price Compared To Nearby Zip Codes

43901
+48.5%
43907
+27.0%

Housing Supply in 43907, OH

How many homes are available in 43907, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1216+33.3%

Summary: The 43907 real estate market had 16 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 02
+100.0%
3 79
+28.6%
4 33
0.0%
5+ 00
0.0%

Summary: The 43907 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 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43907, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 43907 in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 43907, OH

How long does it take to sell a home in 43907, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
22 Days126 Days+476.1%

Summary: Homes in 43907 had an average of 126 days on market in Mar 2024, up by 476.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 43907 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 4 homes were sold in 43907; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% 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 29 Days Ago

Newest Listings in 43907, OH

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