Is 44070, 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, 44070 has remained a Seller's Market.
Key Takeaway
44070 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44070, OH
How much do homes in 44070, OH cost?
Median Sold Price
$244,200
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44070 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 44070 was $244,200 in March 2024, up 8.5% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58.5K | $68.5K | +17.1% |
| 2 Bedrooms | $127K | $136.2K | +7.3% |
| 3 Bedrooms | $219.9K | $240K | +9.1% |
| 4 Bedrooms | $285K | $302.5K | +6.1% |
| 5+ Bedrooms | $310K | $320K | +3.2% |
Summary: 44070 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 3.2%.
Housing Supply in 44070, OH
How many homes are available in 44070, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 69 | 81 | +17.4% |
Summary: The 44070 real estate market had 81 homes for sale in March 2024, a 17.4% 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 | 15 | 20 | +33.3% |
| 3 Bedrooms | 29 | 34 | +17.2% |
| 4 Bedrooms | 19 | 22 | +15.8% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 44070 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 33.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44070, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 44070 in March 2024, up by 15.8% month-over-month. Of the 22 sold homes, 32% were sold under asking, 14% were sold at asking, and 55% were sold over asking.
Days on Market for 44070, OH
How long does it take to sell a home in 44070, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 29 Days | 14 Days | -48.9% |
Summary: Homes in 44070 had an average of 14 days on market in Mar 2024, down by 48.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44070 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in 44070; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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