Is 44012, 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, 44012 has remained a Seller's Market.
Key Takeaway
44012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44012, OH
How much do homes in 44012, OH cost?
Median Sold Price
$349,362
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44012 have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in 44012 was $349,362 in April 2024, up 5.4% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $132K | $80K | -39.4% |
| 2 Bedrooms | $197.5K | $254K | +28.6% |
| 3 Bedrooms | $278.4K | $315K | +13.1% |
| 4 Bedrooms | $490K | $515K | +5.1% |
| 5+ Bedrooms | $637.4K | $555K | -12.9% |
Summary: 44012 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39.4%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 12.9%.
Median Sold Price Compared To Nearby Zip Codes
| 44140 | $340K | $374K | +10.0% |
| 44012 | $331.5K | $349.3K | +5.4% |
Housing Supply in 44012, OH
How many homes are available in 44012, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 82 | +7.9% |
Summary: The 44012 real estate market had 82 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 29 | 34 | +17.2% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 44012 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 20%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 22 | -8.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44012, you could pay more than the asking price. 59.1% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 44012 in April 2024, down by 8.3% month-over-month. Of the 22 sold homes, 32% were sold under asking, 9% were sold at asking, and 59% were sold over asking.
Days on Market for 44012, OH
How long does it take to sell a home in 44012, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +46.9% |
Summary: Homes in 44012 had an average of 46 days on market in Apr 2024, up by 46.9% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44012 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in 44012; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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