Is 44131, 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, 44131 has remained a Seller's Market.
Housing Prices in 44131, OH
How much do homes in 44131, OH cost?
Median Sold Price
$292,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 44131 was $292,000 in March 2024, up 7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $195K | -13.3% |
3 Bedrooms | $252.2K | $275K | +9.0% |
4 Bedrooms | $322.5K | $333.5K | +3.4% |
5+ Bedrooms | $502.5K | $376.2K | -25.1% |
Summary: 44131 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 25.1%.
Housing Supply in 44131, OH
How many homes are available in 44131, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 34 | +9.7% |
Summary: The 44131 real estate market had 34 homes for sale in March 2024, a 9.7% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 21 | 19 | -9.5% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 44131 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 increased by 50%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 44131 in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for 44131, OH
How long does it take to sell a home in 44131, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
22 Days | 55 Days | +143.3% |
Summary: Homes in 44131 had an average of 55 days on market in Mar 2024, up by 143.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 44131; 42% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.