Is 44614, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44614 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 44614 has remained a Seller's Market.

Key Takeaway

44614 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44614, OH

How much do homes in 44614, OH cost?

Median Sold Price

$245,000

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,000(-2.0%)

Key Takeaway

Homes in 44614 have sold for 2% less than they did a year ago.

Summary: The median home sold price in 44614 was $245,000 in April 2024, down 2% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $174.5K$200K
+14.6%
3 $243.7K$248K
+1.8%
4 $280K$264.9K
-5.4%
5+ $417.9K$365K
-12.7%

Summary: 44614 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 14.6%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 12.7%.

Median Sold Price Compared To Nearby Zip Codes

44646
+14.0%
44647
+7.4%
44216
+3.8%
44614
-2.0%

Housing Supply in 44614, OH

How many homes are available in 44614, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3736-2.7%

Summary: The 44614 real estate market had 36 homes for sale in April 2024, a 2.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 2325
+8.7%
4 76
-14.3%
5+ 10
-100.0%

Summary: The 44614 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 16.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44614, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 44614 in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 18% were sold at asking, and 55% were sold over asking.

Days on Market for 44614, OH

How long does it take to sell a home in 44614, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days21 Days+8.9%

Summary: Homes in 44614 had an average of 21 days on market in Apr 2024, up by 8.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44614 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 44614; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 4 Days Ago

Newest Listings in 44614, OH

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