Is 44438, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44438 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 44438 has remained a Seller's Market.

Key Takeaway

44438 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44438, OH

How much do homes in 44438, OH cost?

Median Sold Price

$83,500

$64/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,500(-4.0%)

Key Takeaway

Homes in 44438 have sold for 4% less than they did a year ago.

Summary: The median home sold price in 44438 was $83,500 in March 2024, down 4% from last year, and the median price per square foot was $64.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $50K$18K
-64.0%
2 $59.5K$84.9K
+42.7%
3 $111.5K$89.5K
-19.7%
4 $40K$86.4K
+116.2%
5+ -$83.5K
N/A

Summary: 44438 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 64%, 2 bedroom homes increased by 42.7%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 116.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

16146
+20.0%
44425
+10.7%
16148
+5.6%
44438
-4.0%
44403
-13.5%

Housing Supply in 44438, OH

How many homes are available in 44438, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
770.0%

Summary: The 44438 real estate market had 7 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 13
+200.0%
3 53
-40.0%
4 10
-100.0%
5+ 01
+100.0%

Summary: The 44438 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 200%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44438, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 44438 in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for 44438, OH

How long does it take to sell a home in 44438, OH?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days106 Days+150.0%

Summary: Homes in 44438 had an average of 106 days on market in Mar 2024, up by 150% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 44438 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 3 homes were sold in 44438; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 24 Days Ago

Newest Listings in 44438, OH

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