Is 44108, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44108 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 44108 was a Seller's Market.

Key Takeaway

44108 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 44108, OH

How much do homes in 44108, OH cost?

Median Sold Price

$65,000

$34/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$1,000(-1.5%)

Key Takeaway

Homes in 44108 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 44108 was $65,000 in March 2024, down 1.5% from last year, and the median price per square foot was $34.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $152K$110K
-27.6%
2 $232.5K$242.5K
+4.3%
3 $58K$55K
-5.2%
4 $63K$55K
-12.7%
5+ $75K$87.5K
+16.7%

Summary: 44108 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.6%, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Zip Codes

44112
+7.7%
44108
-1.5%
44110
-4.8%
44106
-7.4%
44103
-7.7%

Housing Supply in 44108, OH

How many homes are available in 44108, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
125126+0.8%

Summary: The 44108 real estate market had 126 homes for sale in March 2024, a 0.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 3737
0.0%
4 4846
-4.2%
5+ 3438
+11.8%

Summary: The 44108 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 11.8%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2518-28.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44108, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 44108 in March 2024, down by 28.0% month-over-month. Of the 18 sold homes, 72% were sold under asking, 6% were sold at asking, and 22% were sold over asking.

Days on Market for 44108, OH

How long does it take to sell a home in 44108, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
61 Days51 Days-14.9%

Summary: Homes in 44108 had an average of 51 days on market in Mar 2024, down by 14.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44108 has remained consistent over time.

Summary: During March 2024, 18 homes were sold in 44108; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 27 Days Ago

Newest Listings in 44108, OH

Nearby Markets to 44108, OH