Is 44089, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44089 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44089 has remained a Seller's Market.

Key Takeaway

44089 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44089, OH

How much do homes in 44089, OH cost?

Median Sold Price

$215,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,500(+4.1%)

Key Takeaway

Homes in 44089 have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in 44089 was $215,000 in April 2024, up 4.1% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $121K$95K
-21.5%
2 $162.5K$173.2K
+6.6%
3 $190K$189.2K
-0.4%
4 $274K$285K
+4.0%
5+ $525K$437.5K
-16.7%

Summary: 44089 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 16.7%.

Median Sold Price Compared To Nearby Zip Codes

44889
+10.0%
44001
+8.8%
44089
+4.1%
44053
-7.9%

Housing Supply in 44089, OH

How many homes are available in 44089, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5259+13.5%

Summary: The 44089 real estate market had 59 homes for sale in April 2024, a 13.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1717
0.0%
3 2328
+21.7%
4 98
-11.1%
5+ 14
+300.0%

Summary: The 44089 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 remained the same, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 300%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
816+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44089, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 44089 in April 2024, up by 100.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 38% were sold at asking, and 19% were sold over asking.

Days on Market for 44089, OH

How long does it take to sell a home in 44089, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days38 Days+94.6%

Summary: Homes in 44089 had an average of 38 days on market in Apr 2024, up by 94.6% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44089 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 16 homes were sold in 44089; 69% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 19% 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 1 Day Ago

Newest Listings in 44089, OH

Nearby Markets to 44089, OH