Is 44703, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44703 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 44703 was a Seller's Market.

Key Takeaway

44703 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 44703, OH

How much do homes in 44703, OH cost?

Median Sold Price

$90,000

$52/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,000(+12.5%)

Key Takeaway

Homes in 44703 have sold for 12.5% more than they did a year ago.

Summary: The median home sold price in 44703 was $90,000 in April 2024, up 12.5% from last year, and the median price per square foot was $52.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $64.3K$45.2K
-29.7%
3 $66.6K$85.7K
+28.8%
4 $94K$107.5K
+14.4%
5+ $103.5K$125K
+20.8%

Summary: 44703 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 decreased by 29.7%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 20.8%.

Median Sold Price Compared To Nearby Zip Codes

44714
+15.8%
44703
+12.5%
44709
+2.7%

Housing Supply in 44703, OH

How many homes are available in 44703, OH?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2236+63.6%

Summary: The 44703 real estate market had 36 homes for sale in April 2024, a 63.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1118
+63.6%
4 712
+71.4%
5+ 23
+50.0%

Summary: The 44703 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 50%, 3 bedroom homes increased by 63.6%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44703, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 44703 in April 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 44703, OH

How long does it take to sell a home in 44703, OH?

Average Sale Time

Apr 2023Apr 2024CHANGE
103 Days38 Days-62.6%

Summary: Homes in 44703 had an average of 38 days on market in Apr 2024, down by 62.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44703 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 5 homes were sold in 44703; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 44703, OH

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