Is 44511, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44511 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44511 has remained a Seller's Market.

Key Takeaway

44511 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44511, OH

How much do homes in 44511, OH cost?

Median Sold Price

$149,900

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$9,900(+7.1%)

Key Takeaway

Homes in 44511 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 44511 was $149,900 in April 2024, up 7.1% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $117K$119.9K
+2.5%
3 $142K$150K
+5.6%
4 $153K$175K
+14.4%
5+ $129.9K$135K
+3.9%

Summary: 44511 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 2.5%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

44509
+21.6%
44502
+14.6%
44507
+13.8%
44511
+7.1%
44512
+7.0%

Housing Supply in 44511, OH

How many homes are available in 44511, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4258+38.1%

Summary: The 44511 real estate market had 58 homes for sale in April 2024, a 38.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3044
+46.7%
4 67
+16.7%
5+ 01
+100.0%

Summary: The 44511 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 remained the same, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14140.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44511, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 44511 in April 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 7% were sold at asking, and 50% were sold over asking.

Days on Market for 44511, OH

How long does it take to sell a home in 44511, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days37 Days-29.9%

Summary: Homes in 44511 had an average of 37 days on market in Apr 2024, down by 29.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44511 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 14 homes were sold in 44511; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 7% 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 1 Day Ago

Newest Listings in 44511, OH

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