Is 44203, 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, 44203 has remained a Seller's Market.
Key Takeaway
44203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44203, OH
How much do homes in 44203, OH cost?
Median Sold Price
$164,833
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 44203 have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in 44203 was $164,833 in March 2024, up 1.5% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27.5K | $28K | +1.8% |
| 2 Bedrooms | $105K | $123K | +17.1% |
| 3 Bedrooms | $165K | $172.5K | +4.5% |
| 4 Bedrooms | $259.9K | $241.7K | -7.0% |
| 5+ Bedrooms | $281.9K | $170K | -39.7% |
Summary: 44203 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 39.7%.
Housing Supply in 44203, OH
How many homes are available in 44203, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 83 | 72 | -13.3% |
Summary: The 44203 real estate market had 72 homes for sale in March 2024, a 13.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 47 | 44 | -6.4% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 44203 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 38 | 22 | -42.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44203, you could pay more than the asking price. 68.2% of homes here sold above asking price last month.
Summary: A total of 22 homes were sold or pending in 44203 in March 2024, down by 42.1% month-over-month. Of the 22 sold homes, 23% were sold under asking, 9% were sold at asking, and 68% were sold over asking.
Days on Market for 44203, OH
How long does it take to sell a home in 44203, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 23 Days | -53.4% |
Summary: Homes in 44203 had an average of 23 days on market in Mar 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44203 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 22 homes were sold in 44203; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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