Is 44001, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 44001 has remained a Seller's Market.
Key Takeaway
44001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44001, OH
How much do homes in 44001, OH cost?
Median Sold Price
$265,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44001 have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in 44001 was $265,500 in April 2024, up 8.8% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $173.4K | $160K | -7.8% |
| 3 Bedrooms | $220K | $240K | +9.1% |
| 4 Bedrooms | $278K | $305K | +9.7% |
| 5+ Bedrooms | $350K | $522.5K | +49.3% |
Summary: 44001 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 7.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 49.3%.
Housing Supply in 44001, OH
How many homes are available in 44001, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 39 | 39 | 0.0% |
Summary: The 44001 real estate market had 39 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 9 | +125.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 16 | 10 | -37.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 44001 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 increased by 125%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44001, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in 44001 in April 2024, down by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 44001, OH
How long does it take to sell a home in 44001, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 82 Days | 23 Days | -71.7% |
Summary: Homes in 44001 had an average of 23 days on market in Apr 2024, down by 71.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44001 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 9 homes were sold in 44001; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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