Is 44240, 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, 44240 has remained a Seller's Market.
Key Takeaway
44240 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44240, OH
How much do homes in 44240, OH cost?
Median Sold Price
$219,933
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44240 have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in 44240 was $219,933 in April 2024, up 7.3% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $102K | $112.5K | +10.3% |
| 2 Bedrooms | $141.5K | $145K | +2.5% |
| 3 Bedrooms | $192.2K | $219.3K | +14.1% |
| 4 Bedrooms | $260K | $290.9K | +11.9% |
| 5+ Bedrooms | $315K | $235K | -25.4% |
Summary: 44240 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes decreased by 25.4%.
Housing Supply in 44240, OH
How many homes are available in 44240, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 54 | 58 | +7.4% |
Summary: The 44240 real estate market had 58 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 44240 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 24 | +33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44240, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 44240 in April 2024, up by 33.3% month-over-month. Of the 24 sold homes, 29% were sold under asking, 13% were sold at asking, and 58% were sold over asking.
Days on Market for 44240, OH
How long does it take to sell a home in 44240, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 30 Days | 22 Days | -26.8% |
Summary: Homes in 44240 had an average of 22 days on market in Apr 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44240 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 24 homes were sold in 44240; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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