Is 44140, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44140 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 44140 has remained a Seller's Market.

Key Takeaway

44140 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44140, OH

How much do homes in 44140, OH cost?

Median Sold Price

$373,416

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$46,976(+14.4%)

Key Takeaway

Homes in 44140 have sold for 14.4% more than they did a year ago.

Summary: The median home sold price in 44140 was $373,416 in March 2024, up 14.4% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $115K$181K
+57.4%
2 $249.2K$315K
+26.4%
3 $293.2K$312.9K
+6.7%
4 $420K$490K
+16.7%
5+ $518.5K$577.5K
+11.4%

Summary: 44140 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.4%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 11.4%.

Median Sold Price Compared To Nearby Zip Codes

44140
+14.4%
44116
+10.8%
44145
+4.5%

Housing Supply in 44140, OH

How many homes are available in 44140, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
41410.0%

Summary: The 44140 real estate market had 41 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1616
0.0%
4 1515
0.0%
5+ 56
+20.0%

Summary: The 44140 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44140, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 44140 in March 2024, down by 35.0% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% were sold over asking.

Days on Market for 44140, OH

How long does it take to sell a home in 44140, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days42 Days+136.3%

Summary: Homes in 44140 had an average of 42 days on market in Mar 2024, up by 136.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44140 has remained consistent over time.

Summary: During March 2024, 13 homes were sold in 44140; 31% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 8% 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 27 Days Ago

Newest Listings in 44140, OH

Nearby Markets to 44140, OH