Is 44202, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44202 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44202 has remained a Seller's Market.

Key Takeaway

44202 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44202, OH

How much do homes in 44202, OH cost?

Median Sold Price

$397,858

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$37,295(+10.3%)

Key Takeaway

Homes in 44202 have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in 44202 was $397,858 in April 2024, up 10.3% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $275.9K$282.5K
+2.4%
3 $317.5K$364.5K
+14.8%
4 $463K$499K
+7.8%
5+ $596.5K$588K
-1.4%

Summary: 44202 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 1.4%.

Median Sold Price Compared To Nearby Zip Codes

44241
+15.3%
44023
+13.5%
44202
+10.3%
44087
+9.4%
44255
+2.2%

Housing Supply in 44202, OH

How many homes are available in 44202, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6477+20.3%

Summary: The 44202 real estate market had 77 homes for sale in April 2024, a 20.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 2836
+28.6%
4 2225
+13.6%
5+ 67
+16.7%

Summary: The 44202 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44202, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 44202 in April 2024, up by 27.8% month-over-month. Of the 23 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.

Days on Market for 44202, OH

How long does it take to sell a home in 44202, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
32 Days34 Days+9.1%

Summary: Homes in 44202 had an average of 34 days on market in Apr 2024, up by 9.1% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44202 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 23 homes were sold in 44202; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in 44202, OH

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