Is 44254, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44254 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 44254 has remained a Seller's Market.

Key Takeaway

44254 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44254, OH

How much do homes in 44254, OH cost?

Median Sold Price

$226,000

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$27,157(-10.7%)

Key Takeaway

Homes in 44254 have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in 44254 was $226,000 in March 2024, down 10.7% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $158K$237K
+50.0%
3 $218K$193.5K
-11.2%
4 $284.7K$293.5K
+3.1%
5+ $192K$244K
+27.1%

Summary: 44254 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 27.1%.

Median Sold Price Compared To Nearby Zip Codes

44214
+12.3%
44275
+8.8%
44273
0.0%
44254
-10.7%

Housing Supply in 44254, OH

How many homes are available in 44254, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The 44254 real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 64
-33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The 44254 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44254, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 44254 in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 44254, OH

How long does it take to sell a home in 44254, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
68 Days20 Days-69.8%

Summary: Homes in 44254 had an average of 20 days on market in Mar 2024, down by 69.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44254 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 3 homes were sold in 44254; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in 44254, OH

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