Is 44514, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 44514 was a Seller's Market.
Key Takeaway
44514 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 44514, OH
How much do homes in 44514, OH cost?
Median Sold Price
$220,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44514 have sold for 17% more than they did a year ago.
Summary: The median home sold price in 44514 was $220,000 in April 2024, up 17% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $37.5K | N/A |
| 2 Bedrooms | $176.5K | $195K | +10.5% |
| 3 Bedrooms | $167.2K | $197.9K | +18.4% |
| 4 Bedrooms | $254.2K | $370K | +45.5% |
| 5+ Bedrooms | $233.3K | $432.5K | +85.3% |
Summary: 44514 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 10.5%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 45.5%, and 5+ bedroom homes increased by 85.3%.
Housing Supply in 44514, OH
How many homes are available in 44514, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 88 | 93 | +5.7% |
Summary: The 44514 real estate market had 93 homes for sale in April 2024, a 5.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 45 | 45 | 0.0% |
| 4 Bedrooms | 24 | 26 | +8.3% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The 44514 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 14 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44514, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 44514 in April 2024, down by 33.3% month-over-month. Of the 14 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for 44514, OH
How long does it take to sell a home in 44514, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 90 Days | +129.6% |
Summary: Homes in 44514 had an average of 90 days on market in Apr 2024, up by 129.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 44514 has remained consistent over time.
Summary: During April 2024, 14 homes were sold in 44514; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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