Is 44022, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 44022 has remained a Seller's Market.
Key Takeaway
44022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44022, OH
How much do homes in 44022, OH cost?
Median Sold Price
$558,750
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44022 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 44022 was $558,750 in March 2024, up 5.2% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $66K | N/A |
| 2 Bedrooms | $366.5K | $386K | +5.3% |
| 3 Bedrooms | $392.5K | $390K | -0.6% |
| 4 Bedrooms | $687.3K | $615.1K | -10.5% |
| 5+ Bedrooms | $737.5K | $1.0M | +42.4% |
Summary: 44022 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 42.4%.
Housing Supply in 44022, OH
How many homes are available in 44022, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 56 | 65 | +16.1% |
Summary: The 44022 real estate market had 65 homes for sale in March 2024, a 16.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 15 | 22 | +46.7% |
| 4 Bedrooms | 25 | 26 | +4.0% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 44022 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 remained the same, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 17 | +88.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44022, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 44022 in March 2024, up by 88.9% month-over-month. Of the 17 sold homes, 71% were sold under asking, 6% were sold at asking, and 24% were sold over asking.
Days on Market for 44022, OH
How long does it take to sell a home in 44022, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 43 Days | 93 Days | +116.2% |
Summary: Homes in 44022 had an average of 93 days on market in Mar 2024, up by 116.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 44022 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 17 homes were sold in 44022; 41% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
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