Is 44055, 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, 44055 has remained a Seller's Market.
Key Takeaway
44055 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44055, OH
How much do homes in 44055, OH cost?
Median Sold Price
$124,500
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44055 have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in 44055 was $124,500 in March 2024, up 13.2% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $74.9K | N/A |
| 2 Bedrooms | $71.5K | $90K | +25.9% |
| 3 Bedrooms | $113.9K | $127.2K | +11.7% |
| 4 Bedrooms | $99.4K | $130K | +30.7% |
| 5+ Bedrooms | $84K | $136K | +61.9% |
Summary: 44055 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 25.9%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 30.7%, and 5+ bedroom homes increased by 61.9%.
Housing Supply in 44055, OH
How many homes are available in 44055, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 57 | 61 | +7.0% |
Summary: The 44055 real estate market had 61 homes for sale in March 2024, a 7.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 34 | 39 | +14.7% |
| 4 Bedrooms | 15 | 14 | -6.7% |
| 5+ Bedrooms | 2 | 0 | -100.0% |
Summary: The 44055 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 increased by 40%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 15 | +36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44055, you could pay more than the asking price. 53.3% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in 44055 in March 2024, up by 36.4% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.
Days on Market for 44055, OH
How long does it take to sell a home in 44055, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +78.2% |
Summary: Homes in 44055 had an average of 39 days on market in Mar 2024, up by 78.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44055 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in 44055; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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