Is 44120, 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, 44120 has remained a Seller's Market.
Key Takeaway
44120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44120, OH
How much do homes in 44120, OH cost?
Median Sold Price
$115,000
$58/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44120 have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in 44120 was $115,000 in March 2024, down 7.9% from last year, and the median price per square foot was $58.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57K | $45K | -21.1% |
| 2 Bedrooms | $132.5K | $70K | -47.2% |
| 3 Bedrooms | $82.2K | $86K | +4.6% |
| 4 Bedrooms | $125K | $117.5K | -6.0% |
| 5+ Bedrooms | $225K | $192K | -14.7% |
Summary: 44120 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes decreased by 47.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 6%, and 5+ bedroom homes decreased by 14.7%.
Housing Supply in 44120, OH
How many homes are available in 44120, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 186 | 206 | +10.8% |
Summary: The 44120 real estate market had 206 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 15 | 20 | +33.3% |
| 3 Bedrooms | 51 | 48 | -5.9% |
| 4 Bedrooms | 72 | 84 | +16.7% |
| 5+ Bedrooms | 44 | 49 | +11.4% |
Summary: The 44120 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 11.4%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 48 | +29.7% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44120, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in 44120 in March 2024, up by 29.7% month-over-month. Of the 48 sold homes, 56% were sold under asking, 10% were sold at asking, and 33% were sold over asking.
Days on Market for 44120, OH
How long does it take to sell a home in 44120, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 65 Days | +12.6% |
Summary: Homes in 44120 had an average of 65 days on market in Mar 2024, up by 12.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44120 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 48 homes were sold in 44120; 48% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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