Is 44425, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44425 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44425 has remained a Seller's Market.

Key Takeaway

44425 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44425, OH

How much do homes in 44425, OH cost?

Median Sold Price

$157,250

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$14,900(+10.5%)

Key Takeaway

Homes in 44425 have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in 44425 was $157,250 in April 2024, up 10.5% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$200K
N/A
2 $115K$149.9K
+30.3%
3 $142.3K$149.9K
+5.3%
4 $182.5K$265K
+45.2%
5+ $173.2K$285K
+64.5%

Summary: 44425 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 30.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 64.5%.

Median Sold Price Compared To Nearby Zip Codes

44425
+10.5%
44420
+7.0%
44505
+6.0%
44438
-1.8%

Housing Supply in 44425, OH

How many homes are available in 44425, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3638+5.6%

Summary: The 44425 real estate market had 38 homes for sale in April 2024, a 5.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 52
-60.0%
3 2021
+5.0%
4 912
+33.3%
5+ 12
+100.0%

Summary: The 44425 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 decreased by 60%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44425, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 44425 in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 44425, OH

How long does it take to sell a home in 44425, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
51 Days52 Days+2.7%

Summary: Homes in 44425 had an average of 52 days on market in Apr 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44425 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 44425; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 3 Days Ago

Newest Listings in 44425, OH

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