Is 44406, 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, 44406 has remained a Seller's Market.
Key Takeaway
44406 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44406, OH
How much do homes in 44406, OH cost?
Median Sold Price
$295,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44406 have sold for 5.5% more than they did a year ago.
Summary: The median home sold price in 44406 was $295,000 in April 2024, up 5.5% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $121.2K | - | N/A |
| 2 Bedrooms | $166.7K | $221K | +32.5% |
| 3 Bedrooms | $250K | $260.2K | +4.1% |
| 4 Bedrooms | $358K | $403.7K | +12.8% |
| 5+ Bedrooms | $455K | $525K | +15.4% |
Summary: 44406 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 32.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 15.4%.
Housing Supply in 44406, OH
How many homes are available in 44406, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 90 | 95 | +5.6% |
Summary: The 44406 real estate market had 95 homes for sale in April 2024, a 5.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 10 | +42.9% |
| 3 Bedrooms | 45 | 51 | +13.3% |
| 4 Bedrooms | 28 | 26 | -7.1% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 44406 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 42.9%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44406, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 44406 in April 2024, up by 27.3% month-over-month. Of the 27 sold homes, 44% were sold under asking, 19% were sold at asking, and 37% were sold over asking.
Days on Market for 44406, OH
How long does it take to sell a home in 44406, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 45 Days | +9.6% |
Summary: Homes in 44406 had an average of 45 days on market in Apr 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44406 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in 44406; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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