Is 44883, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 44883 is a seller's market

Buyer's
Market

Difference Since August 2023

Since last year, 44883 has remained a Seller's Market.

Key Takeaway

44883 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 44883, OH

How much do homes in 44883, OH cost?

Median Sold Price

$172,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$17,000(+11.0%)

Key Takeaway

Homes in 44883 have sold for 11% more than they did a year ago.

Summary: The median home sold price in 44883 was $172,000 in August 2024, up 11% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $75K-
N/A
2 $133K$138.5K
+4.1%
3 $155.4K$171.9K
+10.6%
4 $224.9K$280K
+24.5%
5+ $140K$225K
+60.7%

Summary: 44883 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 60.7%.

Housing Supply in 44883, OH

How many homes are available in 44883, OH?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
6459-7.8%

Summary: The 44883 real estate market had 59 homes for sale in August 2024, a 7.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 1317
+30.8%
3 3727
-27.0%
4 1212
0.0%
5+ 23
+50.0%

Summary: The 44883 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.8%, 3 bedroom homes decreased by 27%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
2423-4.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 44883, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 44883 in August 2024, down by 4.2% month-over-month. Of the 23 sold homes, 52% were sold under asking, 9% were sold at asking, and 39% were sold over asking.

Days on Market for 44883, OH

How long does it take to sell a home in 44883, OH?

Average Sale Time

Aug 2023Aug 2024CHANGE
46 Days63 Days+36.5%

Summary: Homes in 44883 had an average of 63 days on market in Aug 2024, up by 36.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 44883 has remained consistent over time.

Summary: During August 2024, 23 homes were sold in 44883; 26% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 26% 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 20 Days Ago

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