Is 44870, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44870 is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, 44870 has remained a Seller's Market.

Key Takeaway

44870 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44870, OH

How much do homes in 44870, OH cost?

Median Sold Price

$150,000

$113/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since February 2023.

Key Takeaway

The sold price of homes in 44870 has remained the same since last year.

Summary: The median home sold price in 44870 was $150,000 in February 2024, the same as last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $175K$144.2K
-17.6%
2 $101.2K$105.5K
+4.2%
3 $157.5K$155K
-1.6%
4 $200K$173K
-13.5%
5+ $170K$187.5K
+10.3%

Summary: 44870 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.6%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 13.5%, and 5+ bedroom homes increased by 10.3%.

Median Sold Price Compared To Nearby Zip Codes

44839
+7.7%
44870
0.0%

Housing Supply in 44870, OH

How many homes are available in 44870, OH?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
94114+21.3%

Summary: The 44870 real estate market had 114 homes for sale in February 2024, a 21.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 23
+50.0%
2 2534
+36.0%
3 3848
+26.3%
4 2424
0.0%
5+ 55
0.0%

Summary: The 44870 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 36%, 3 bedroom homes increased by 26.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2028+40.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44870, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 28 homes were sold or pending in 44870 in February 2024, up by 40.0% month-over-month. Of the 28 sold homes, 32% were sold under asking, 18% were sold at asking, and 50% were sold over asking.

Days on Market for 44870, OH

How long does it take to sell a home in 44870, OH?

Average Sale Time

Feb 2023Feb 2024CHANGE
62 Days51 Days-16.6%

Summary: Homes in 44870 had an average of 51 days on market in Feb 2024, down by 16.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 44870 are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 28 homes were sold in 44870; 50% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 11% 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 28 Days Ago

Newest Listings in 44870, OH

Nearby Markets to 44870, OH