Is 44054, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44054 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44054 has remained a Seller's Market.

Key Takeaway

44054 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44054, OH

How much do homes in 44054, OH cost?

Median Sold Price

$205,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,675(+5.0%)

Key Takeaway

Homes in 44054 have sold for 5% more than they did a year ago.

Summary: The median home sold price in 44054 was $205,000 in April 2024, up 5% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $185K$184.9K
0%
3 $184.5K$198.7K
+7.7%
4 $260K$240K
-7.7%
5+ $247.5K$357.5K
+44.4%

Summary: 44054 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 did not change, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes increased by 44.4%.

Median Sold Price Compared To Nearby Zip Codes

44055
+13.6%
44035
+8.3%
44012
+5.4%
44054
+5.0%
44011
+1.2%

Housing Supply in 44054, OH

How many homes are available in 44054, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4035-12.5%

Summary: The 44054 real estate market had 35 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 85
-37.5%
3 1716
-5.9%
4 1412
-14.3%
5+ 12
+100.0%

Summary: The 44054 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 37.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44054, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 44054 in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for 44054, OH

How long does it take to sell a home in 44054, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days95 Days+64.1%

Summary: Homes in 44054 had an average of 95 days on market in Apr 2024, up by 64.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 44054 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 7 homes were sold in 44054; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% 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 10 Days Ago

Newest Listings in 44054, OH

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