Is 44705, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 44705 has remained a Seller's Market.
Key Takeaway
44705 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44705, OH
How much do homes in 44705, OH cost?
Median Sold Price
$103,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 44705 have sold for 24.7% more than they did a year ago.
Summary: The median home sold price in 44705 was $103,500 in April 2024, up 24.7% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $53.9K | N/A |
| 2 Bedrooms | $51.7K | $60.5K | +16.9% |
| 3 Bedrooms | $88K | $102K | +15.9% |
| 4 Bedrooms | $130K | $134K | +3.1% |
| 5+ Bedrooms | $208K | $227K | +9.1% |
Summary: 44705 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 16.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 44705, OH
How many homes are available in 44705, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 52 | +23.8% |
Summary: The 44705 real estate market had 52 homes for sale in April 2024, a 23.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 29 | 35 | +20.7% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The 44705 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 28.6%, 3 bedroom homes increased by 20.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44705, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.
Summary: A total of 19 homes were sold or pending in 44705 in April 2024, up by 35.7% month-over-month. Of the 17 sold homes, 35% were sold under asking, 24% were sold at asking, and 41% were sold over asking.
Days on Market for 44705, OH
How long does it take to sell a home in 44705, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 33 Days | 17 Days | -48.4% |
Summary: Homes in 44705 had an average of 17 days on market in Apr 2024, down by 48.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 44705 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 44705; 89% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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