Is 44216, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 44216 has remained a Seller's Market.
Key Takeaway
44216 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44216, OH
How much do homes in 44216, OH cost?
Median Sold Price
$239,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44216 have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in 44216 was $239,500 in April 2024, up 3.8% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | - | N/A |
| 2 Bedrooms | $180K | $125.5K | -30.3% |
| 3 Bedrooms | $217K | $213.5K | -1.6% |
| 4 Bedrooms | $337.5K | $302.2K | -10.4% |
| 5+ Bedrooms | $374.9K | $292.5K | -22.0% |
Summary: 44216 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 decreased by 30.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 22%.
Housing Supply in 44216, OH
How many homes are available in 44216, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 24 | -7.7% |
Summary: The 44216 real estate market had 24 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 44216 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44216, you could pay more than the asking price. 70% of homes here sold above asking price last month.
Summary: A total of 10 homes were sold or pending in 44216 in April 2024, up by 25.0% month-over-month. Of the 10 sold homes, 10% were sold under asking, 20% were sold at asking, and 70% were sold over asking.
Days on Market for 44216, OH
How long does it take to sell a home in 44216, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 12 Days | 14 Days | +12.1% |
Summary: Homes in 44216 had an average of 14 days on market in Apr 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44216 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 10 homes were sold in 44216; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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