Is 44062, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44062 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44062 has remained a Seller's Market.

Key Takeaway

44062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44062, OH

How much do homes in 44062, OH cost?

Median Sold Price

$263,825

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$31,325(+13.5%)

Key Takeaway

Homes in 44062 have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in 44062 was $263,825 in April 2024, up 13.5% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $126K-
N/A
2 $180K$158.2K
-12.1%
3 $240K$266.7K
+11.1%
4 $228K$340.6K
+49.4%
5+ $405K$712.5K
+75.9%

Summary: 44062 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 12.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 49.4%, and 5+ bedroom homes increased by 75.9%.

Median Sold Price Compared To Nearby Zip Codes

44062
+13.5%
44021
+3.5%

Housing Supply in 44062, OH

How many homes are available in 44062, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2320-13.0%

Summary: The 44062 real estate market had 20 homes for sale in April 2024, a 13.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 910
+11.1%
4 98
-11.1%
5+ 10
-100.0%

Summary: The 44062 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 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44062, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 44062 in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 44062, OH

How long does it take to sell a home in 44062, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days83 Days+181.1%

Summary: Homes in 44062 had an average of 83 days on market in Apr 2024, up by 181.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44062 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 44062; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 3 Days Ago

Newest Listings in 44062, OH

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