Is 44405, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44405 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44405 has remained a Seller's Market.

Key Takeaway

44405 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44405, OH

How much do homes in 44405, OH cost?

Median Sold Price

$106,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$11,000(+11.6%)

Key Takeaway

Homes in 44405 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 44405 was $106,000 in April 2024, up 11.6% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$36.5K
N/A
2 $40.5K$53.5K
+32.1%
3 $112K$116.8K
+4.3%
4 $92.2K$95.6K
+3.7%
5+ $241.5K-
N/A

Summary: 44405 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

44502
+14.6%
44471
+12.3%
44405
+11.6%

Housing Supply in 44405, OH

How many homes are available in 44405, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2633+26.9%

Summary: The 44405 real estate market had 33 homes for sale in April 2024, a 26.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 58
+60.0%
3 1618
+12.5%
4 35
+66.7%
5+ 11
0.0%

Summary: The 44405 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 60%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44405, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 8 homes were sold or pending in 44405 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.

Days on Market for 44405, OH

How long does it take to sell a home in 44405, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
70 Days27 Days-61.2%

Summary: Homes in 44405 had an average of 27 days on market in Apr 2024, down by 61.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44405 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 44405; 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 7 Days Ago

Newest Listings in 44405, OH

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