Is 44223, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44223 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44223 has remained a Seller's Market.

Key Takeaway

44223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44223, OH

How much do homes in 44223, OH cost?

Median Sold Price

$232,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$26,500(+12.9%)

Key Takeaway

Homes in 44223 have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in 44223 was $232,000 in April 2024, up 12.9% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $94.9K$93K
-2.0%
2 $160K$184.9K
+15.6%
3 $208K$234K
+12.5%
4 $271.3K$300K
+10.6%
5+ $545K$281.9K
-48.3%

Summary: 44223 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes increased by 15.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 48.3%.

Median Sold Price Compared To Nearby Zip Codes

44223
+12.9%
44221
+9.5%
44313
+6.5%
44224
+3.7%
44264
+2.1%

Housing Supply in 44223, OH

How many homes are available in 44223, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6050-16.7%

Summary: The 44223 real estate market had 50 homes for sale in April 2024, a 16.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 31
-66.7%
2 149
-35.7%
3 2524
-4.0%
4 1312
-7.7%
5+ 54
-20.0%

Summary: The 44223 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44223, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in 44223 in April 2024, down by 19.2% month-over-month. Of the 21 sold homes, 38% were sold under asking, 14% were sold at asking, and 48% were sold over asking.

Days on Market for 44223, OH

How long does it take to sell a home in 44223, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days25 Days+2.8%

Summary: Homes in 44223 had an average of 25 days on market in Apr 2024, up by 2.8% compared to last year.

Breakdown of Home Sale Times

15 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 44223 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in 44223; 71% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 10% 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 44223, OH

Nearby Markets to 44223, OH