Is 44311, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44311 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 44311 was a Seller's Market.

Key Takeaway

44311 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 44311, OH

How much do homes in 44311, OH cost?

Median Sold Price

$74,450

$55/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$10,550(-12.4%)

Key Takeaway

Homes in 44311 have sold for 12.4% less than they did a year ago.

Summary: The median home sold price in 44311 was $74,450 in March 2024, down 12.4% from last year, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $60.7K-
N/A
2 $42K$63.1K
+50.3%
3 $65K$72.9K
+12.2%
4 $98.5K$73.3K
-25.5%
5+ $125K$122K
-2.4%

Summary: 44311 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%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 25.5%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

44307
-5.7%
44311
-12.4%

Housing Supply in 44311, OH

How many homes are available in 44311, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
35350.0%

Summary: The 44311 real estate market had 35 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 96
-33.3%
4 1516
+6.7%
5+ 48
+100.0%

Summary: The 44311 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 decreased by 28.6%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

3 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 44311, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 44311 in March 2024, down by 42.9% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 44311, OH

How long does it take to sell a home in 44311, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days29 Days-66.0%

Summary: Homes in 44311 had an average of 29 days on market in Mar 2024, down by 66% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44311 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 4 homes were sold in 44311; 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 27 Days Ago

Newest Listings in 44311, OH

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