Is 44138, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44138 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 44138 has remained a Seller's Market.

Key Takeaway

44138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44138, OH

How much do homes in 44138, OH cost?

Median Sold Price

$237,050

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$2,050(+0.9%)

Key Takeaway

Homes in 44138 have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in 44138 was $237,050 in February 2024, up 0.9% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $139K$133.5K
-4.0%
2 $105.1K$110K
+4.7%
3 $233.2K$237K
+1.6%
4 $325K$355.1K
+9.3%
5+ $295K$482K
+63.4%

Summary: 44138 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 63.4%.

Median Sold Price Compared To Nearby Zip Codes

44017
+13.8%
44142
+12.6%
44070
+7.7%
44138
+0.9%
44028
-1.1%

Housing Supply in 44138, OH

How many homes are available in 44138, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
53530.0%

Summary: The 44138 real estate market had 53 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 1314
+7.7%
3 1816
-11.1%
4 1518
+20.0%
5+ 52
-60.0%

Summary: The 44138 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 60%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44138, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 44138 in February 2024, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% were sold over asking.

Days on Market for 44138, OH

How long does it take to sell a home in 44138, OH?

Average Sale Time

Feb 2023Feb 2024CHANGE
33 Days60 Days+80.2%

Summary: Homes in 44138 had an average of 60 days on market in Feb 2024, up by 80.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44138 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 13 homes were sold in 44138; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% 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 28 Days Ago

Newest Listings in 44138, OH

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