Is 44113, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44113 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 44113 was a Seller's Market.

Key Takeaway

44113 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 44113, OH

How much do homes in 44113, OH cost?

Median Sold Price

$335,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,000(+8.1%)

Key Takeaway

Homes in 44113 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 44113 was $335,000 in March 2024, up 8.1% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $155K$148.4K
-4.2%
2 $340K$282K
-17.1%
3 $407K$502.5K
+23.5%
4 $363.5K$220K
-39.5%
5+ $272.5K$278K
+2.0%

Summary: 44113 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 39.5%, and 5+ bedroom homes increased by 2%.

Median Sold Price Compared To Nearby Zip Codes

44109
+13.5%
44115
+11.0%
44113
+8.1%
44102
0.0%

Housing Supply in 44113, OH

How many homes are available in 44113, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
90113+25.6%

Summary: The 44113 real estate market had 113 homes for sale in March 2024, a 25.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1112
+9.1%
2 3036
+20.0%
3 3143
+38.7%
4 1114
+27.3%
5+ 78
+14.3%

Summary: The 44113 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 38.7%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1217+41.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44113, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 44113 in March 2024, up by 41.7% month-over-month. Of the 17 sold homes, 41% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for 44113, OH

How long does it take to sell a home in 44113, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
71 Days96 Days+35.7%

Summary: Homes in 44113 had an average of 96 days on market in Mar 2024, up by 35.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 44113 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 17 homes were sold in 44113; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 41% 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 18 Days Ago

Newest Listings in 44113, OH

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