Is 44118, 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, 44118 has remained a Seller's Market.
Housing Prices in 44118, OH
How much do homes in 44118, OH cost?
Median Sold Price
$240,000
$115/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 44118 was $240,000 in March 2024, up 6.7% from last year, and the median price per square foot was $115.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $59K | $60.5K | +2.5% |
2 Bedrooms | $162K | $193K | +19.1% |
3 Bedrooms | $193.3K | $212K | +9.7% |
4 Bedrooms | $242K | $275K | +13.6% |
5+ Bedrooms | $272K | $275K | +1.1% |
Summary: 44118 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 19.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 1.1%.
Housing Supply in 44118, OH
How many homes are available in 44118, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
134 | 151 | +12.7% |
Summary: The 44118 real estate market had 151 homes for sale in March 2024, a 12.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 50 | 57 | +14.0% |
4 Bedrooms | 47 | 58 | +23.4% |
5+ Bedrooms | 32 | 33 | +3.1% |
Summary: The 44118 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 40%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes increased by 3.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 44118 in March 2024, up by 20.0% month-over-month. Of the 36 sold homes, 50% were sold under asking, 11% were sold at asking, and 39% were sold over asking.
Days on Market for 44118, OH
How long does it take to sell a home in 44118, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 39 Days | -21.1% |
Summary: Homes in 44118 had an average of 39 days on market in Mar 2024, down by 21.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in 44118; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.