Is 44256, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 44256 has remained a Seller's Market.
Key Takeaway
44256 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 44256, OH
How much do homes in 44256, OH cost?
Median Sold Price
$350,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 44256 have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in 44256 was $350,000 in May 2024, up 7.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190K | $204.7K | +7.8% |
| 3 Bedrooms | $295K | $320.6K | +8.7% |
| 4 Bedrooms | $388.3K | $419.3K | +8.0% |
| 5+ Bedrooms | $555K | $579K | +4.3% |
Summary: 44256 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 44256, OH
How many homes are available in 44256, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 187 | 201 | +7.5% |
Summary: The 44256 real estate market had 201 homes for sale in May 2024, a 7.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 13 | 0.0% |
| 3 Bedrooms | 86 | 81 | -5.8% |
| 4 Bedrooms | 74 | 87 | +17.6% |
| 5+ Bedrooms | 14 | 20 | +42.9% |
Summary: The 44256 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.8%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 58 | 66 | +13.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 44256, you could pay more than the asking price. 48.5% of homes here sold above asking price last month.
Summary: A total of 66 homes were sold or pending in 44256 in May 2024, up by 13.8% month-over-month. Of the 66 sold homes, 30% were sold under asking, 21% were sold at asking, and 48% were sold over asking.
Days on Market for 44256, OH
How long does it take to sell a home in 44256, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 23 Days | +78.0% |
Summary: Homes in 44256 had an average of 23 days on market in May 2024, up by 78% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 44256 are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 66 homes were sold in 44256; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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