Is 43947, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 43947 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 43947 was a Buyer's Market.

Key Takeaway

43947 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 43947, OH

How much do homes in 43947, OH cost?

Median Sold Price

$133,700

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,300(-4.5%)

Key Takeaway

Homes in 43947 have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in 43947 was $133,700 in April 2024, down 4.5% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$100K
N/A
2 $128K$110.7K
-13.5%
3 $146.7K$149K
+1.6%
4 $163K$222.5K
+36.5%
5+ -$174K
N/A

Summary: 43947 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 36.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

43906
+7.5%
43947
-4.5%

Housing Supply in 43947, OH

How many homes are available in 43947, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2116-23.8%

Summary: The 43947 real estate market had 16 homes for sale in April 2024, a 23.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 84
-50.0%
3 98
-11.1%
4 44
0.0%
5+ 00
0.0%

Summary: The 43947 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 43947, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 43947 in April 2024, down by 50.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 43947, OH

How long does it take to sell a home in 43947, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
88 Days90 Days+2.6%

Summary: Homes in 43947 had an average of 90 days on market in Apr 2024, up by 2.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 43947 has remained consistent over time.

Summary: During April 2024, 4 homes were sold in 43947; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

Newest Listings in 43947, OH

Nearby Markets to 43947, OH