Is 45177, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 45177 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 45177 was a Buyer's Market.

Key Takeaway

45177 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 45177, OH

How much do homes in 45177, OH cost?

Median Sold Price

$234,000

$144/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$51,000(-17.9%)

Key Takeaway

Homes in 45177 have sold for 17.9% less than they did a month ago.

Summary: The median home sold price in 45177 was $234,000 in March 2024, down 17.9% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$162.5K
N/A
3 $240K$234K
-2.5%
4 $440K$425K
-3.4%
5+ $325K-
N/A

Summary: 45177 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes did not change.

Housing Supply in 45177, OH

How many homes are available in 45177, OH?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3640+11.1%

Summary: The 45177 real estate market had 40 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 2326
+13.0%
4 66
0.0%
5+ 23
+50.0%

Summary: The 45177 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 45177, you may be able to get a good deal. 36.4% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 45177 in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 36% were sold at asking, and 27% were sold over asking.

Days on Market for 45177, OH

How long does it take to sell a home in 45177, OH?

Average Sale Time

Feb 2024Mar 2024CHANGE
90 Days66 Days-25.9%

Summary: Homes in 45177 had an average of 66 days on market in Mar 2024, down by 25.9% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 45177 has remained consistent over time.

Summary: During March 2024, 11 homes were sold in 45177; 18% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

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