Is 44307, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44307 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 44307 was a Seller's Market.

Key Takeaway

44307 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 44307, OH

How much do homes in 44307, OH cost?

Median Sold Price

$75,000

$53/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,500(-5.7%)

Key Takeaway

Homes in 44307 have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in 44307 was $75,000 in March 2024, down 5.7% from last year, and the median price per square foot was $53.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $76.9K$62K
-19.4%
3 $100K$75K
-25.0%
4 $63.9K$77K
+20.5%
5+ $72.4K$77.5K
+7.0%

Summary: 44307 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 decreased by 19.4%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Zip Codes

44320
+15.9%
44307
-5.7%
44302
-10.9%
44311
-12.4%

Housing Supply in 44307, OH

How many homes are available in 44307, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3441+20.6%

Summary: The 44307 real estate market had 41 homes for sale in March 2024, a 20.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2630
+15.4%
4 56
+20.0%
5+ 01
+100.0%

Summary: The 44307 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 increased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44307, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 44307 in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 44307, OH

How long does it take to sell a home in 44307, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
79 Days31 Days-60.9%

Summary: Homes in 44307 had an average of 31 days on market in Mar 2024, down by 60.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 44307 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in 44307; 50% of homes were sold within 30 days, 50% 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 44307, OH

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