Is 44224, 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, 44224 has remained a Seller's Market.
Key Takeaway
44224 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44224, OH
How much do homes in 44224, OH cost?
Median Sold Price
$262,800
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44224 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 44224 was $262,800 in April 2024, up 3.7% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | $79.4K | +41.9% |
| 2 Bedrooms | $132K | $162.9K | +23.4% |
| 3 Bedrooms | $242K | $260K | +7.4% |
| 4 Bedrooms | $302.4K | $296.9K | -1.8% |
| 5+ Bedrooms | $392.5K | $320K | -18.5% |
Summary: 44224 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.9%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 18.5%.
Housing Supply in 44224, OH
How many homes are available in 44224, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 83 | 95 | +14.5% |
Summary: The 44224 real estate market had 95 homes for sale in April 2024, a 14.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 30 | 34 | +13.3% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 44224 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 33.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 33 | +37.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44224, you could pay more than the asking price. 48.5% of homes here sold above asking price last month.
Summary: A total of 33 homes were sold or pending in 44224 in April 2024, up by 37.5% month-over-month. Of the 33 sold homes, 39% were sold under asking, 12% were sold at asking, and 48% were sold over asking.
Days on Market for 44224, OH
How long does it take to sell a home in 44224, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 25 Days | 18 Days | -26.9% |
Summary: Homes in 44224 had an average of 18 days on market in Apr 2024, down by 26.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44224 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in 44224; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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